Watch FIFA World Cup 2026™

LIVE, FREE and EXCLUSIVE starting June 12 2026

Booming Economy

Economy

Der australische Export boomt – auch in 2018. Source: Getty Images

The Reserve Bank of Australia is currently forecasting that GDP will grow by 3% over the year to June 2018.


Published

Updated

By Wolfgang Mueller

Source: SBS




Share this with family and friends


The Reserve Bank of Australia is currently forecasting that GDP will grow by 3% over the year to June 2018.


That’s on top of a record braking 26 years of continuous economic growth. Werner Kemper from Germany Trade & Invest says that Australia’s exports are booming, helped by our low Dollar and slow  wage growth.


Latest podcast episodes

Follow SBS German

Download our apps

Listen to our podcasts

Get the latest with our exclusive in-language podcasts on your favourite podcast apps.

Watch on SBS

German News

Watch it onDemand

Stream now