Australia marks 25 years of unbroken economic growth

Australia's economy grew by 0.5 percent in the June quarter with an upswing in government spending offsetting a fall in net exports as the nation marked 25 years of uninterrupted economic expansion. The Australian Bureau of Statistics data, which showed annual growth at 3.3 percent, was in line with expectations as the economy continues its shift away from an unprecedented boom in resources investment. "It's official, Australia has now achieved 25 years of uninterrupted economic expansion," said