SearchDemocracy LinksMember's Off-site Blogs |
back at club rattus .....from the SMH ….. Foreign debt - Australia's black hole Jacob Saulwick June 6, 2007 AUSTRALIA'S current account deficit improved slightly in the three months to March following a blowout at the end of last year, but the picture is marred by ballooning foreign debt. A boost in export volumes fuelled the improvement in the current account deficit, which narrowed $121 million to $15.38 billion after the surprisingly hefty $15.5 billion deficit in the December quarter of last year, Bureau of Statistics figures showed yesterday. But with the economy supposedly booming on the back of trade to Asia, some economists were not impressed by the nation's inability to narrow the deficit further.
|
User login |
Recent comments
8 hours 7 min ago
8 hours 34 min ago
8 hours 48 min ago
8 hours 57 min ago
9 hours 8 min ago
9 hours 23 min ago
9 hours 50 min ago
10 hours 6 min ago
10 hours 32 min ago
13 hours 39 min ago