News Snapshot:
Fans cheer Charles Leclerc winning the Australian Grand Prix in Melbourne on April 10. Consumers in the June quarter increased spending on domestic travel as COVID restrictions further eased. © Reuters September 7, 2022 11:56 JST | Australia Copy Copied SYDNEY (Reuters) -- Australia's economy picked up speed in the June quarter as consumers kept spending and energy exports boomed, offering hope activity can weather sharply higher interest rates and cost-of-living pressures. Data from the Australian Bureau of Statistics on Wednesday showed gross domestic product (GDP) rose 0.9% in the second quarter, in line with forecasts and up on the...
