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Australian trade deficit widens

Last Updated: Thursday, March 07, 2013, 15:40

The Australian Bureau of Statistics (ABS) said the balance on goods and services was a deficit of 1,057 million AU dollars, a rise of 369 million AU dollars from December 2012, reported Xinhua.

Australian economy growing

Last Updated: Wednesday, December 05, 2012, 17:37

These increases were partially offset by a 0.5 percent fall in public investment, the ABS added.

Australian economy grows at 3.2%

Last Updated: Monday, July 23, 2012, 15:21

This year's 3.2 percent growth helped the nation achieve 21 consecutive years of economic growth.