Australian Economy Set to End 2020 With a Flourish

Australian Economy Set to End 2020 With a Flourish
Australian Prime Minister Scott Morrison speaks to the media at Parliament House in Canberra, Australia, on July 30, 2020. Sean Davey/Getty Images
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The Australian economy has entered the final months of 2020 in positive shape with exports rebounding, home loans at record levels and construction activity at a two-year high.

This spread of new economic data came hot on the heels of Wednesday’s national accounts which showed the economy grew by a robust 3.3 percent in the September quarter.