Australia’s third-quarter GDP grows at a slower-than-expected 0.3% amid higher rates and sticky inflation
Sydney Harbour taking in the Harbour Bridge, Opera House and ferries at sunrise during the COVID-19 pandemic on April 20, 2020 in Sydney, Australia. James D. Morgan | Getty Images News | Getty Images Australia’s economy grew at a slower-than-expected pace in the third quarter, as elevated borrowing costs and sticky inflation continued to weigh…