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  • IT job axing may be coming to an end as economy recovers

    The minutes from the latest Reserve Bank board meeting paint an overall positive picture for the economy. There are further signs of stabilisation in the world economy. The Gross Domestic Product (GDP) outcome for the March quarter had been surprisingly strong and even though business sector investment had fallen by six per cent in the March quarter, this was still a stronger performance than in many other countries, according to the minutes.

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