Australian trade deficit added $3,808m to overall blow out figure of 16.18 billion. The nations income credits (exports) have collapsed at $44,323 in the September 2009 quarter.
Australian unemployment rate has decreased to 5.7% (goverment figures). At this point the Australian goverment deficits are evident of massive economic stimulus, the trade deficit is evident from slow export markets and a surging Australian dollar.
The Australian ecomomy appears to be solely run on goverment spending.
2010 could indicate structural issues with deficits and bond/sovereign debt issues.
ABS ref
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