You are here

Australia economy expands at slowest pace in over 2 years

BT_20150903_NAHAUS3QJML_1857638.jpg
Australia has struggled to transition from mining-driven growth as an unprecedented boom in resources investment ends, with non-mining industries failing to fill the gap.

Sydney

AUSTRALIA'S economy expanded at its slowest quarterly pace in more than two years, data showed on Wednesday, with exports dragged down by weakening growth in key trading partner China.

Resources-driven economies such as Australia, Brazil and Canada have been hurt by