Australia Economy Expanded 2.7% in 2015/2016

Posted on

Australia’s economy expanded 2.7% in 2015-2016, trade in goods and services reached a record AUD661 billion, latest data by the trade ministry showed. Exports rose nearly 7% in 2015-16, underpinned by increased quantities of resources exports, particularly iron ore and gas. Australia saw strong growth in the number of tourists and students visiting, which helped deliver […]