Australia’s Growth – 3.3% Anually during global financial crisis

Australia has reported a quarterly growth of 1.1% factoring to a 3.3% annual growth figure.

All this in the midst of a global crisis, some report this has nothing to do with Labours stimulus but I think it’s quite obvious that it is a combination of the past regulation put into our banking systems and the stimulus that helped keep retail consumer confidence up.

A good sign either way of a strong economy.


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