COVID-19 impact: Australia's economy takes sharpest dive since Great Depression-era of 1930s
Australia's economy suffered its sharpest economic contraction since the Great Depression due to the pandemic, with data released Wednesday confirming the country is in its first recession in 28 years. The economy shrank 7% in June, the biggest contraction since records began in 1959, the government reported.
Sep 02, 2020, 22:49 PM IST