
Government spending pads growth in second quarter
The federal government went on a mini-spending spree last quarter, padding economic growth in the face of a pullback in trade receipts, data showed on Tuesday.
The country's current account deficit came in well below forecasts at $15.5 billion after the Australian Bureau of Statistics revised its numbers to include an extra $5.8 billion in income.
Read the full story at The Sydney Morning Herald.
Treasurer praises FinTech Advisory Group
Australians with links to Panama Papers could be charged following raids this week