Relax, it hasn’t all come to an end.
Sure, the Australian economy may have grown by only 0.2% in the September quarter. And retail sales might have actually fallen by 1.1% for October.
However, the overwhelming consensus is that this is merely an aberration.
And the underlying growth projections remain very favourable — with the full effect of the mining boom having resumed, due to be felt by mid-2011.
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