Showing posts with label Australia's economy. Show all posts
Showing posts with label Australia's economy. Show all posts

Thursday, September 6, 2012

Australian economy grows 0.6pc in second quarter

Australia's economy enjoyed solid growth last quarter to again outpace its peers, with gross domestic product rising 0.6pc, moderating from the previous quarter when it jumped 1.4pc.

Thursday, June 7, 2012

'Remarkable' Australian economy steams ahead

Australia Wednesday hailed as "remarkable" the 1.3 percent growth in its mining-driven economy in the first three months of 2012, as consumer spending rallied and business investment boomed.

Wednesday, September 7, 2011

Australia's economy grows by 1.2% in the second quarter

Australia's economy bounced back in the last quarter as it looked to recover from earlier floods and cyclones.

Gross domestic product (GDP) rose by 1.2% in the three months to the end of June from the previous quarter, the statistical bureau said.

That compares with a contraction of 0.9% in the first three months of the year.