AUSTRALIA'S CURRENT ACCOUNT DEFICIT WIDENS 6% IN Q4 2005.
Publication: AsiaPulse News
Publication Date: 28-FEB-06
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SYDNEY, Feb 28 Asia Pulse - Australia's current account gap blew out in the final quarter of 2005 as export growth continued to fall short of strong demand fuelling the global commodities boom.
The current account deficit widened six per cent to an adjusted $A14.45 billion ($US10.64 billion) in the December quarter, figures from the Australian Bureau of Statistics (ABS) show.
The $1.02 billion expansion in the deficit on goods...
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