Australia second quarter growth meagre


  • Business
  • Wednesday, 03 Sep 2003

SYDNEY: Australia’s economy managed only skimpy growth in the second quarter as a moribund global economy savaged exports and offset robust domestic growth. 

A red-hot housing market is continuing to keep the onshore economy booming with Australians spending on renovations and homebuilding, and borrowing to buy investment properties. 

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Malaysia end-April palm oil stocks rise 1.85%, MPOB says
FBM KLCI nearly flat at midday
UOB Malaysia's FY23 operating income hits record RM4.6bil, pretax profit RM1.9bil
Bursa Malaysia all-time high indicates Madani framework is building investor confidence
OCBC posts record Q1 profit, makes US$1bil bid to take Great Eastern private
Amazon’s new fees on sellers likened to ‘kick in the gut’
Mr D.I.Y earnings in line with expectations
Annum falls under PN17
Ringgit appreciates against the US dollar at opening on renewed demand
MCE shares jump 15% as Brahmal emerges as substantial shareholder

Others Also Read