Australia is out of a technical recession, but what does that mean for small businesses? | ABC News

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  • ABC News (Australia) published this video item, entitled “Australia is out of a technical recession, but what does that mean for small businesses? | ABC News” – below is their description.

    00:00 – Positive news for the Australian economy

    03:55 – Market reaction to the GDP figures

    07:28 – Business reaction with Lauren Larouge

    Figures from the Bureau of Statistics show Australia’s economy is beginning to recover, as gross domestic product grows for the first time in more than six months, but long-term recovery is forecast to be “uneven and drawn out”.

    ABC News (Australia) YouTube Channel

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    In This Story: Australia

    Australia, officially known as the Commonwealth of Australia, is a sovereign country comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands. It is the largest country in Oceania and the world’s sixth-largest country by total area.

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