• Australia’s economy’s exceeds expectations, at 0.8% larger than its previous peak pre-COVID. • The resources sector demonstrates immunity to economic challenges faced by other sectors, contributing to Australia’s trade surplus of more than $8b. • Bitcoin has taken a fall after Tesla CEO Elon Musk’s comments on Twitter suggesting he has “fallen out of love” with the world’s top cryptocurrency. • US e-commerce site Etsy has acquired popular peer-to-peer social shopping app Depop for A$2.1b.
