ABS says spending for the period would have been lower for clothing, merchandise and dining if not for Eras tour
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It was a cruel summer for the Australian economy, but Swiftonomics delivered a small but welcome boost.
US superstar Pink’s tour and the Australian Grand Prix, held in Melbourne in March for the first time since 2019, were also singled out by the Australian Bureau of Statistics as boosts to national economic activity, after the latest gross domestic product data was released on Wednesday.
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