Australia on cusp of world record for no recession

Australia is on the cusp of achieving the world’s longest ever run of economic growth without a recession and the best international trade position since Mamma Mia was topping the charts in 1975.

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At the same time, net wealth at the end of 2016 among Australia’s 9.23 million households was $9.4 trillion, meaning the average Aussie family could consider themselves ‘millionaires’ on paper at least.

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Read the full article on Sky News.

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