By Adeline Teoh · 17 February 2009 · Locked
Japan's economy has taken a devastating hit, but what does this mean for Australia's economy? The answer could be a double-digit decline in Aussie exports.
Japan’s economy shrank at a rate of more than 12 percent per annum in the last quarter of 2008, with fears that the decline of Australia’s largest trading partner by revenue will adversely affect the Australian economy. The world’s second largest economy recorded a 3.3 percent decline in the three months to December 2008. Japan […]