January 14, 2012

Australia business spending jumps – BBC News

Australia business spending jumps – BBC News


BigPond News
Australia business spending jumps
BBC News
Australian firms spent more money to expand their businesses in the second quarter, an indicator that they expect the economy to grow. Capital expenditure was 33.6bn Australian dollars ($36bn; £22bn), a 4.8% increase from the same period a year earlier
Bounce in retail sales, business investment lifts gloom, except over manufacturingThe Australian


Interest rate cut prospects fadeSydney Morning Herald
Aussie retail sales perk up, business spending surgesBusiness Times (subscription)
Ninemsn
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