Australia’s economic growth slowest in 10 years amid calls for swift action

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The ploy has had some success with Australia’s 10-year bond yield diving 21 basis points in just the past month to hit an historic trough of 0.993 per cent. The local currency has shed 1.2 per cent in the same period to touch seven-month lows at $0.6748, a huge boost to export earnings from resources which are priced in US dollars.

Australia’s economic growth slowest in 10 years amid calls for swift action Coalition says $100bn package and planned tax cuts are potential boosters for the Australian economy Newspaper:

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Australia’s economic growth slowest in 10 years amid calls for swift action Coalition says $100bn package and planned tax cuts are potential boosters for the australian economy leer ms sobre Australia’s economic growth slowest in 10 years amid calls for swift action

Australia’s economic growth slowest in 10 years amid calls for swift action The treasurer, Josh Frydenberg, has held out accelerated infrastructure spending as a possible salve for the Australian economy after growth slowed to 1.8% in the last year, the slowest since 2009.<p>The Australian economy grew by just 0.4% in the March quarter.

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Australia’s economic growth slowest in 10 years amid calls for swift action The Guardian – Paul Karp The treasurer, Josh Frydenberg, has held out accelerated infrastructure spending as a possible salve for the Australian economy after growth slowed to 1.8% in the last year, the slowest since 2009.