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Sydney s South Turramurra jumps 20pc in three months

Australia s economy is now STRONGER than it was before Covid-19

Australia s economy is now STRONGER than it was before Covid-19 Kate Dennett For Mailonline © Provided by Daily Mail MailOnline logo Australia s economy is now stronger than pre-pandemic levels after a better-than-expected recovery, despite closing their borders and imposing strict lockdowns. The economy has rebounded much faster than predicted after growing a massive 1.8 per cent in the first quarter of the year as strict Covid-19 restrictions were eased. And not only has the country recovered to pre-pandemic levels, it is also 0.8 per cent larger than its peak from before the Covid crisis and the devastating bushfires, according to ABC. The impressive consumer-led recovery is thanks to a surge in domestic spending and investment, the Australian Bureau of Statistics reported on Wednesday. 

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