G’day Australia, it’s Harry here in Sydney. If striking midweek weren’t enough, the leading newspaper article today are a list of darkening financial conditions Down Under.
Today’s must-reads:
• Chinese diplomats supposedly attempted to censor an Australian’s art exhibit in Poland
• New Zealand’s economy might have notched a technical economic downturn
• Australian business and customer surveys paint a dissatisfied image
New Zealand might be tilting towards a economic downturn. The nation might have contracted for a 2nd successive quarter, putting it into economic downturn faster than the reserve bank anticipated, according to the typical projection in a Bloomberg study of financial experts. Meanwhile, New Zealand’s bank account deficit narrowed to -NZ$5.215 billion in the very first quarter in information launched today.