Results of Australian economic development 2017

Reserve Bank of Australia Governor, Philip Lowe speaks at the 2017 Australian Payment Summit in Sydney, Wednesday, December 13, 2017 (AAP Image/Ben Rushton) NO ARCHIVING

Reserve Bank of Australia Governor Philip Lowe, special guest speaker at the 2017 Australian Payment Summit at the Hyatt Regency Source: AAP

While 2017 may have been a tumultuous time in the political world, it failed to impede the Australian economy, which is looking better than the same time last year. Annual Gross Domestic Product is higher, the unemployment rate has fallen, and official interest rates have remained the same.



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