Review of the Global AC Market in the First Half of 2021 — Part II — Australia
2021-10-04
Australia has been successfully controlling the infection. Its real gross domestic product (GDP) growth rate in the first quarter of 2021 was 1.8% higher than in the previous quarter and 1.1% higher than in the same period of 2020, turning positive for the first time since the onset of the pandemic. The housing market has been also booming this year. Even in the context of the pandemic, the number of projects has been increasing thanks to supporting measures from the government.