Aussie economy 12th in world

AUSTRALIA'S economy has overtaken Spain's to become the 12th-largest in the world, according to the Government's analysis of new International Monetary Fund (IMF) data.

Treasurer Wayne Swan has described the result as a "remarkable achievement" given Australia's relative population size.

"Since the Government came to office, Australia has moved up three places from 15th-largest economy to now be the 12th-largest economy in the world," Mr Swan said.

"Since 2007, Australia's economy has surpassed the economies of South Korea, Mexico and now Spain.

"These are three very different economies from three very different parts of the world, further highlighting the exceptional performance of our economy."

Read more at ABC news online.

Topics:  australian economy, economy, imf, spain



Local Real Estate

Featured Real Estate
D.I.Y. OR INSTALLED HOME... $9500.00 From
Mobile Home Fully self contained granny flat or mod homes.  D.I.Y $9.5k or $12.5K ...
Priced To Sell $165,000
House 3 1 1
Quality Older Style With... $265,000
House 5 1 2
Stunning views and... $198,000
Residential Land 0 0

Featured Jobs

Warwick jobs listed daily

Featured Jobs
GIS ANALYST Ballina Full Time
ENVIRONMENT... $63900.00
 Position Number HR/0455 This position is based in Stanthorpe Stanthorpe and offers ...
OFFICE PERSON Warwick Full Time
Control and Instrument... Control and Instrument Technician 2 year fixed term | Mount Isa Qld ...


Local Partners

LATEST DEALS AND OFFERS

View today's ePaper!

Read the digital edition
Learn More

Cars For Sale

Find cars for sale online now.
Learn More

Subscription Sale

Subscribe now for $1 for 14 days.
Learn More

Local Profile

Stay Connected

Get the news as it happens, in your inbox

You can change the newsletters you are subscribed to when you edit your profile

Edit Profile


Special Offers

Latest deals and offers

Horoscopes

Leo

Record your ideas to get some sort of orderliness going now. Keep a small notepad handy and jot down your ideas as and when they arise. It...

read more

Marketplace

Special Offers & Promotions

Compare & Save