Pediatrics Papers

  • Yelash

    463 words, 2 pages

    Current account deficit narrows sharply September 1, 2008 - 4:58PM A record improvement in Australia's current account balance from surging commodity prices is unlikely to boost economic growth in the June quarter, economists say. The current account deficit (CAD) narrowed by a record $7.068 billion in the June quarter to a seasonally adjusted $12.774 billion, the Australian Bureau of Statistics (ABS) said. The 36 per cent contraction in the CAD was the sharpest quarterly shrinkage since the ABS series began in 1959. The balance of payments data also produced the first trade s

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