SYDNEY -- Australia's economy rebounded sharply last quarter as the country emerged from its most stringent pandemic lockdowns, in welcome news for Prime Minister Scott Morrison ahead of a tough election campaign.
Consumers help push annual growth to 4.2% but Ukraine war fuels inflation threat
Australia's economy continues to recover from the pandemic, but the persistence of COVID-19 and the Ukraine crisis make the outlook harder to gauge. © Reuters
SYDNEY -- Australia's economy rebounded sharply last quarter as the country emerged from its most stringent pandemic lockdowns, in welcome news for Prime Minister Scott Morrison ahead of a tough election campaign.