Rapid immigration, a surge in property wealth and China’s insatiable appetite for raw materials fuelled a record stretch of developed world-beating growth. — Bloomberg
SYDNEY: Whoever wins Saturday’s Australian federal election will face an inescapable reality: The three pillars of the nation’s 30-year out-performance that gave rise to its “miracle economy” moniker are breaking down.
Rapid immigration, a surge in property wealth and China’s insatiable appetite for raw materials fuelled a record stretch of developed world-beating growth.
