World Business News

A round up of the latest news for those doing business internationally

Australia beats growth forecast

Zone(s): Australia ¦ Sector(s): Economy
[4 June 2014, BBC News]Australia’s economy grew more than forecast in the first three months of the year, boosted by a rise in exports and domestic consumption.

Growth was 1.1% in the January-to-March period, from the previous quarter. Most analysts had forecast growth of 0.9%. The annual growth rate was 3.5% – the highest in nearly two years.

Read the full story at:
www.bbc.co.uk/news/business-27691884