Friday, January 14, 2005

Australian Economy Booming

CommSec chief equities economist Craig James said investors would be heartened by the continued strong momentum of the Australian economy.

He said the main forward-looking components of the survey including new orders and employment, were both sharply higher in December and both at two year highs.

'The strength of forward-looking indicators should give businesses of all sizes a tremendous confidence boost as they enter 2005,' Mr James said.

'The Australian economy has entered 2005 full of running.'"

Good news to hear.

[Via : Corporate Engagement: "]


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05 January, 2006 06:51  

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