Australia's Economy on Unsteady Ground Australians are still reeling from a devastating economic downturn, with many wondering if the worst is behind them or just beginning.
The latest numbers show that the country's economy grew by 0. 4 percent in the June quarter, but this modest gain is hardly cause for celebration.
Behind this lackluster performance lies a worrying trend: consumers are increasingly turning to electric vehicles as they cope with the fallout from the war against Iran.