Wednesday 7th December 2016 - 1:25 pm

economy goes backwards

by Alan Thornhill

The Australian economy shrank by 0.5 per cent in the September quarter.This shock result, reported by the bureau of statistics today is the first of its kind seen in Australia since the aftermath of the Queensland fires in March 2011,  More later,.


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Alan Thornhill

Alan Thornhill is a parliamentary press gallery journalist.
Private Briefing is updated daily with Australian personal finance news, analysis, and commentary.

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THE MARKETS

All Ordinaries5747.70  chart-44.40  chart -0.77%
S&P 5002415.82  chart+0.75  chart +0.03%
Aud/usd0.7443  chart-0.0001  chart -0.01%

Bhp Blt Fpo23.84  chart-0.17  chart -0.71%
Cwlth Bank Fpo78.89  chart-1.25  chart -1.56%
Westpac Fpo30.02  chart-0.40  chart -1.31%
Nat. Bank Fpo29.27  chart-0.46  chart -1.55%
N/aN/A  chartN/A  chartN/A
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