Australia’s Economy Expands at Slower Pace in Second Quarter

Australia’s economy expanded at a slower pace in the three months through June, underscoring the central bank’s bias to keep interest rates at a record low to boost domestic demand. Second-quarter gross domestic product advanced 0.5 percent from the previous three months, when it rose 1.1 percent…

Excerpt from:
Australia’s Economy Expands at Slower Pace in Second Quarter