The Traderszone Network

Published in TZ Latest News 2 June, 2016 by The TZ Newswire Staff

Aussie press: Economy’s ‘accelerating pattern of growth’ & ‘impending economic disaster’

Two disparate articles in the Australian Financial Review today
First up, columnist Christopher Joye on the Q1 GDP:
In rationalising its May decision to slash the cash rate … the RBA claimed growth in 2016 was “more moderate” than that experienced in 2015 … Here is the sequence of year-on-year GDP growth numbers over the last four quarters: