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View Full Version : Australian Economy Shrinks for First Time in 8 Years - Bloomberg



NewsWhore
03-03-2009, 10:10 PM
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Australian Economy Shrinks for First Time in 8 Years (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaBMiKnA9xYn4%26refer%3Dhome&cid=1310175063&ei=uvGtSaftOpWw0AXZy-XwAw&usg=AFQjCNGm6kFbu7lzw2Q1OoFwCegTNTKdEw)
Bloomberg
The nation’s currency dropped on speculation today’s report signals Australia is in its first recession in two decades. Central bank Assistant Governor Malcolm Edey, part of a board that has slashed the benchmark interest rate by a record four ...


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