His happy dilemma is a reflection of an economy that is now larger than its pre-pandemic level. Exports are booming, consumer and business confidence are high and employment has beaten all expectations, with job vacancy rates at a 12 1/2 year high."The market is really hot right now. I tried a few companies just to test waters and received three offers," Ravindran told Reuters. "I got counter offers from each of them.
If anything, the very constraints that were expected to hurt demand, such as closed international borders and limited domestic mobility, have serendipitously channelled new sources of growth. "Australia is breaking records in what must be one of the fastest economic recoveries in modern history," said AMP Capital Australian Equities Portfolio Manager Dermot Ryan.While the country is in the midst of a worsening trade war with the world’s largest trading nation, China, Australia's exports are miraculously booming, thanks to soaring prices of iron ore and newer markets in Asia and Middle East to sell to.
Australia is a massive pool of simps.
this is terrible news
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