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Boom in the West, slowdown in the East: on Australia’s split economy

A country of perennial contradictions, Australia’s economy appears to be splitting based on the coastline you call home. Mining states are powering ahead in the West while Eastern consumer-driven states are slowing. Meanwhile, a once-in-a-generation boom in data centres, renewables and defence investment provides an offset.

By Marina Karpathios
Westpac Wire
4 mins

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