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View Full Version : Australia Ends 23 Years of Spending Growth to Slow Mining-Fueled Inflation - Bloomber



NewsWhore
05-10-2011, 10:40 AM
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Australia Ends 23 Years of Spending Growth to Slow Mining-Fueled Inflation (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH8BjE-eb3Mk1bxWGP6OW-uFsdamg&url=http://www.bloomberg.com/news/2011-05-10/australia-ends-23-years-of-spending-growth-to-slow-mining-fueled-inflation.html)
Bloomberg
The local currency has soared 20 percent in the past year as surging iron ore and coal shipments to China and India spur investors to bet the Reserve Bank of Australia will raise interest rates to contain inflation. Unemployment has fallen to a ...

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