Bloomberg News

Australia 1Q Business Investment Rises 6.1% Vs Est. 4% Gain

May 30, 2012

govt. report shows. *Australian companies plan to spend A$158.0 billion in 2011-2012 *Australian companies plan to spend A$173 billion in 2012-2013 *Australia 2012-13 mining investment estimated at A$118.5 billion *AUD 96.88 U.S. cents vs 96.93 before data

To contact the reporter on this story: Michael Heath in Sydney at mheath1@bloomberg.net

To contact the editor responsible for this story: Tim Smith at tsmith58@bloomberg.net


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