Aussie economic growth smashes expectations
But does it mean the RBA is less likely to cut its cash rate this month?
Australian GDP figures show the economy was racing along in the first quarter of this year, beating growth forecasts by a significant margin.
First quarter GDP growth rose 1.1% quarter-on-quarter – 0.3% ahead of market expectations. This takes the annual growth rate up to a three-and-a-half year
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Jason Walls
Thu, 02 Jun 2016
Thu, 02 Jun 2016
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Aussie economic growth smashes expectations
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