| 07.06.2012 - Chinese demand for commodities drives Australia growth |
| Australia's economy rocketed to 4.3 per cent growth for the year through March, its fastest expansion since the global financial crisis, as Chinese demand for iron ore and other commodities masked difficulties outside the mining industry. The Australian Bureau of Statistics said yesterday that the economy grew 1.3 per cent in the January-March quarter from the previous three months, which was double what economists had expected...............................................Full Article: Source |