Australian Growth Slows as Government Cuts Spending

Australia’s economy slowed last quarter as the government and consumers tightened spending, validating the central bank’s decision to cut interest rates yesterday.

Nomura's Ticehurst Says Aussie Trading Above Fair Value
33:51 - Andrew Ticehurst, an interest-rate strategist at Nomura Holdings Inc. in Sydney, talks about the Australian dollar and the nation's economy. He speaks on Bloomberg Television's "Trending Business." (Source: Bloomberg)
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