Australia’s recession is the deepest since the Great Depression of the early 1930s.
Nothing else comes close.
The economy shrank an extraordinary 7% in the three months to June – by far the biggest collapse since the Bureau of Statistics began compiling records in 1959.
The previous worst quarterly outcome was minus 2%, in June 1974.
Quarte...
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The former COO will lead the company’s next growth phase, with ex-CEO Edward Alder transitioning into the role of Managing Director AUSTRALIA, 25...
