Reuters Breakingviews: Listening to the Australians, you could be forgiven for thinking their economy is dead in the water or about to be. The land Down Under has its problems, including a China-driven commodities downturn and an $18-billion Australian $17.9-billion deficit in this weeks budget announcement from Treasurer Wayne Swan, months after he projected a surplus. But the economy, now in its 22nd year of unbroken economic growth, still boasts the stability other countries only dream of. More Related to this Story, according to Globe and Mail. New Zealand central bank steps in to curb kiwis strength Reuters Breakingviews delivers agenda-setting financial insight. Its global correspondents react to stories as they develop, delivering sharp and provocative commentary on big financial news as it breaks. Loonie heads lower as commodity prices weaken
(www.immigrantscanada.com). As
reported in the news.
Tagged under Reuters Breakingviews, dead in the water topics.
17.5.13