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AFR | Australia well set for European storm

8 December 2011

Wayne Swan is entitled to be chirpy. The September-quarter national accounts are what Paul Keating would call ‘a beautiful set of numbers’.

The economy is stronger than most economists thought. Gross domestic product in the September quarter rose 1 per cent, and GDP in the March and June quarters have been revised up. True, the growth is not exactly balanced, the extraordinary 13 per cent jump in business investment being the primary driver of the September quarter's growth... read more

Australian Financial Review | View article >