Indicators point to declining growth
Submitted 10/03/2009
Migration for Business Growth
Business Indicator figures, released by the Australian Bureau of Statistics, for the December 08 quarter shows gross profits in Australia decreased 6.5 percent (seasonally adjusted), while wages and salaries increased by 0.2 per cent.
While Retail was the only sector to experience an increase in sales of goods and services, Mining, which led growth in the previous quarter, experienced the largest decrease.
South Australia experienced a 1.9 per cent decrease in sales of goods and services and a wage increase of 4.1 per cent in the December quarter.


