Better than the big boysBY BENJAMIN ONG | WEDNESDAY, 10 JUN 2015 9:35AMWhile Australia's real GDP growth of 0.9% in the first quarter surpassed expectations, majority of blokes and shielas saw the "half-empty glass" year-on-year growth rate of 2.3%. It was below trend. Related News |
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Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.
So further rate cuts for Australia won't be happening. Rate increases in the US won't be happening. $A then goes up. Growth slows in Australia because of high $A. Seems like a cycle that won't stop.