What is the current business cycle phase in Australia?

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Of the 4 phases (downturn, recession, recovery and boom), which one is Australia currently experiencing?

(Please provide sources if possible)

2006-07-02 23:47:25 · 3 answers · asked by Anonymous in Social Science ➔ Economics

i dont know for sure....but i know their economic picture...is better than usa .........they they are not at war..........sydney here i come

2006-07-02 23:55:09 · answer #1 · answered by donaldo 2 · 0⤊ 0⤋

australian is currently in a downturn at the moment

2006-07-02 23:54:26 · answer #2 · answered by Ivanhoe Fats 6 · 0⤊ 0⤋

if you say anything at all bad about yahoo they will remove your answer or question and charge you 7 points!

2006-07-02 23:50:57 · answer #3 · answered by jason 3 · 0⤊ 0⤋