Australia will receive its latest economic report card this morning with the release of Q2 GDP. After a less-than-stellar start to the year, economic growth is expected to accelerate sharply following a string of solid GDP inputs received in recent days. Some even think that growth will top 1% for the quarter. If an increase is recorded, and it looks like it will, Australia’s run without experiencing a technical recession will stretch to 26 years. Here’s the state of play. In the first quarter of the year, real GDP expanded by 0.3%, seeing the year-on-year increase slow to just 1.7%, the weakest level since the ... (full story)