Profit Wings

Australian Economy for 2022-2023 financial year

Australian Economy for 2022-2023 financial year

  • The Australian economy grew 3.0% in chain volume terms in 2022-23
  • Labour productivity fell 3.7%
  • The household saving ratio decreased to 4.3% from 12.6%
  • National net worth rose $1.3 trillion to $19.0 trillion
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