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View Full Version : Australia's Current-Account Deficit Widened in First Quarter - Bloomberg



NewsWhore
06-04-2012, 10:10 PM
Australia's Current-Account Deficit Widened in First Quarter (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFwd2E8EjH7iXgpZ4tfORngMDzwOg&url=http://www.bloomberg.com/news/2012-06-05/australia-s-current-account-deficit-widened-in-first-quarter.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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