Australia's economic growth slows in fourth quarter


Australia's economy has grown less than expected in the fourth quarter. Gross domestic product, grew by just 0.4% - up 2.3% on the same period last year.

So just how much of a problem is this slowdown and is Australia's two decades of growth suddenly running out of steam?

The BBC's Sharanjit Leyl spoke to Paul Bloxham from HSBC who says that while the rate of growth has slowed, this should be put into perspective - Australia's economy is still growing.

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.