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View Full Version : Australia First-Quarter Company Profits Weaken, Inventories Rise - Bloomberg



NewsWhore
06-03-2012, 09:50 PM
Australia First-Quarter Company Profits Weaken, Inventories Rise (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHFLP6IbBDSeS-4_HvjDOSx9BhFbA&url=http://www.bloomberg.com/news/2012-06-04/australia-first-quarter-company-profits-weaken-inventories-rise.html)
Bloomberg
A high currency has hurt earnings for manufacturers and retailers, helping create what the RBA has referred to as a multi-speed economy with those industries lagging behind the performance of companies linked to the nation's mining investment boom.

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