Sunday, 31 July 2011

Australia's economy in 3 minutes

Found this clip from The Economist talking about the Australia's economy, and its rich source of minerals that benefited its trade. This was especially true with the vast development and the high demand for coal and iron in the Asia region. Watch and enjoy.

                                           Source: The Economist.

Please take note that the latest AiG Performance of Manufacturing Index for July is at 43.4, previously at 52.9. It seems like the manufacturing sector is experiencing a slowdown from the global economy impact.


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