Although recent newspaper headlines might lead you to think otherwise, Australian and international businesspeople think Australia’s economy is best placed to survive the international crisis.
Economy
Economy
Australian Economy in Leading Position?
Good News/Bad News for the Economy
Despite the downturn, Australia’s retailers are enjoying better times and the country’s trade surplus with the rest of the world is increasing. It’s not all good news though, as banks’ bad loans rise to a 16-year high.