Migrating to Australia - Related News
Please find below news items from various sources all about moving to Australia from New Zealand or news about what is happening in Australia that could effect your decision. We do all the searching so all you have to do is check back to see what has happened lately.
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Australia 'well placed' to ride out crisis
According to the quarterly report, Government spending measures and a rebuilding of inventories were helping to support economic activity right now, but they would not be enough to secure a sustained improvement in the global economic outlook.
"High unemployment, tight credit and rapidly rising borrowing by Governments (which threatens to crowd out private investment) all bode poorly for the short-term outlook," D&B said.
D&B director of corporate affairs Damian Karmelich said it was too early to suggest that the global economy was firmly on the path to recovery.
Australia accelerating out of gloom
Australia's economic growth unexpectedly accelerated in the second quarter.
Treasurer Wayne Swan said Australia's economy had grown faster than that of any other advanced country in the past year.
"This is a remarkable result given how fragile the global economy is," Swan said.
Gross domestic product rose 0.6 per cent from the previous three months, when it grew 0.4 per cent, the Bureau of Statistics said in Sydney yesterday.
SYDNEY, AUSTRALIA - Leading indicator signals economic bounce in sight
4:00AM Thursday Aug 20, 2009
SYDNEY - A measure of economic growth improved sharply in June, signalling that Australia may be through the worst of the economic downturn.
The annualised growth rate of the Westpac-Melbourne Institute leading index of economic activity was -3.3 per cent in June.
This was an improvement from -5.3 per cent in May and the best annualised rate in seven months.
Australian House prices are unlikely to crash
By David and Libby Koch at News Limited newspapers
August 17, 2009 12:07am
David and Libby Koch say it's unlikely that the residential property market will plunge
- Our house prices won't crash, David and Libby say
- Concerns around what will happen once FHOG boost ends
- Poll: What is your favourite type of property investment?
- Your view: What are your share strategies?
- Dollar Detective: How do you afford your kids?
Australia signs $50 billion gas deal with China
By staff writers at NEWS.com.au
August 19, 2009 10:01am
* Agreement is biggest ever export deal
* 'Will create jobs, help the environment'
* Also shows China's not mad at us
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