Posts tagged as "Australia"

Posted by ShopMesh on 3rd February 2010
18

Economy Downgrades

According to the economics teams at three leading investment banks, the Australian economy is slumping right now and will continue to worsen well into 2009 at a rate lower than the forecasts from Treasury and The Reserve Bank.

The economics teams at Goldman Sachs JBWere and Merrill Lynch have slashed their estimates of 2008 and [...]