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View Full Version : Australian Economy to Shrink 1.25% Before Recovering, RBA Says - Bloomberg



NewsWhore
05-08-2009, 12:10 AM
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Australian Economy to Shrink 1.25% Before Recovering, RBA Says (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaCNjSkTY63TQ%26refer%3Dhome&cid=1347391883&ei=tbIDSpuDNc7okAWK6LCkBA&usg=AFQjCNEkCt1HLy3YJfxEO0b-kslt3lJCQA)
Bloomberg
Australia&#39;s recession will be “less severe” than in many other countries, helped by lower borrowing costs for home buyers and businesses, the nation&#39;s healthier financial system, a decline in the currency and “the recent recovery in the Chinese economy ...


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