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Europe still a risk to Australian economy

According to the Reserve Bank of Australia, the growth forecast for 2012 is better than expected, however problems in the eurozone pose a threat.  In its statement of Monetary Policy released on Friday, the RBA said strong data readings in

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Australian inflation slows giving rate cut hopes a lift

Australian inflation has slowed more quickly than expected, boosting optimism of a rate cut next month. Consumer prices rose by 0.1% in the first three months of the year compared with the previous quarter, the statistical office said. The annual

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