Wednesday, December 5, 2007

No Change in Oz

Australia's Economy Accelerates to 1% on Spending

Gross domestic product, the total of all goods and services produced in Australia, rose 4.3 percent in the three months ended Sept. 30 from a year earlier, today's report showed. Economists had estimated 4.8 percent annual growth. The Reserve Bank of Australia, headed by Governor Glenn Stevens, today kept the benchmark interest rate unchanged at 6.75 percent, citing ``heightened uncertainty about the international outlook'' and rising credit costs.

Posted by stevie dee @ 01:52 AM (388 views)
Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>