By David Olsen · 1 September 2010 · Economy
The Australian economy has just seen a significant surge in growth, putting pressure on the Reserve Bank to make a crucial decision. Will interest rates rise before the end of the year?
The Australian economy grew by 1.2 percent in the June quarter, with growth through the year to June at 3.3 percent in figures released today by the ABS, placing pressure on the RBA to increase interest rates before the end of the year.
Tags: ABS, Australia, Current Accounts, Gdp, Retail Trade, Trade