Better-than-expected national balance of payment figures released on Tuesday indicate Australia may have avoided recession in the first quarter, economists say.
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Australia 'may have avoided recession'
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USD under mild pressure as EUR,AUD pare losses
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Australian market trades higher, led by resource stocks
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ANZ raises variable interest rates
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Australian dollar opens higher
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Economy showing signs of stabilizing
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National financial position is comfortable and stable
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Australian employment beats expectations in May
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Europe may avoid recession this year:
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Australian financial system coping with global strains: central bank
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Aussie market set to open steady
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Bank of England: economic outlook may be brighter than expected
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Pension reform saves fg n1bn monthly --
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Australian dollar opens up
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Australian labour market is strong
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Fed sees signs recession may be easing
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FirstRand bad debts peak, won't affect future earnings