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PARTS OF AUSTRALIAN ECONOMY STILL STRONG DESPITE SLUMP: PM.
MELBOURNE, Nov 1 Asia Pulse - Australian Prime Minister John Howard said some parts of the Australian economy were still strong despite the global downturn led by the United States.
"We thought America would take a big hit after September 11," Mr Howard told Melbourne radio 3AW.
"All the indications we've had are that we will slow, and that's factored in, but not slow dramatically."
Mr Howard said some sectors of the tourism industry had been badly hit by both the Ansett collapse and the economic downturn, but many areas were still ...
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