Should we worry the Economy? Market conditions were to further house prices gains. Interest rate is on hold which is low. The current pace of growth is likely to hit.
According to Australian Bureau of Statistics (ABS), “gross Domestic Product (GDP) growth through 2013 is 2.8%, in seasonally adjusted terms.” It shows that Australia’s economy grew and expected to rise. Domestic final demand rise by 0.1% which is good to experience. Australia’s economy was about to embark on the mining investment boom which boost the Australian income. In order to have strongly rising income, we need to have strong employment growth.
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