Bloomberg News

Australia's GDP Numbers Are an `Aberration'

June 05, 2012

Shane Oliver, chief economist and head of investment strategy at AMP Capital Investors Ltd., talks about Australia's economy and central bank monetary policy.

The economy in Australia expanded at more than twice the pace economists forecast last quarter, driven by household spending and engineering construction. Oliver speaks from Sydney with Rishaad Salamat on Bloomberg Television's "On the Move Asia." (Source: Bloomberg)

Running time 04:19

June 6 (Bloomberg) -- Shane Oliver, chief economist and head of investment strategy at AMP Capital Investors Ltd., talks about Australia's economy and central bank monetary policy. The economy in Australia expanded at more than twice the pace economists forecast last quarter, driven by household spending and engineering construction. Oliver speaks from Sydney with Rishaad Salamat on Bloomberg Television's "On the Move Asia." (Source: Bloomberg)

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