Adding to that, they also slashed their forecast for Australia GDP growth this year to 3.0% from 3.7% previously. In case you missed some of the headlines from earlier:
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Nomura sees Australia Q1 GDP growth grinding to a halt amid omicron risks
Nomura sees Australia Q1 GDP growth grinding to a halt amid omicron risks
- The firm cuts its forecast for Australia Q1 GDP to 0% from 1.4% before
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