Australia's economy grew by 3.1pc over the past year

BREAKING NEWS: Wednesday 01 June 2016
Australia's economic growth last quarter exceeds expectations
Australia's economy grew 1.1 per cent in the first quarter and 3.1 per cent over the past year.

ABS figures show growth was driven largely by a surge in export volumes, which contributed 1 percentage point out of the 1.1 per cent quarterly growth.

Household consumption also added to the better-than-expected economic expansion, contributing 0.4 percentage points.

Economists surveyed by Bloomberg had expected quarterly growth of 0.8 per cent and annual growth of 2.8 per cent, although year-on-year forecasts ranged from 2.4 to 3.2 per cent.

Follow ABC News

About this email

You received this email because you are subscribed to ABC News email alerts.

This message was sent to you at starnewsposting@gmail.com.

Please add newslists@your.abc.net.au to your email address book to see images by default and stop the email being treated as spam. This email address is not monitored - Please don't reply to this email.

This service may include material from Agence France-Presse (AFP), APTN, Reuters, AAP, CNN and the BBC World Service which is copyright and cannot be reproduced.

Add or remove topics | Unsubscribe | Contact Us

Australian Broadcasting Corporation, 700 Harris Street, Ultimo NSW 2007

© 2016 ABC | Conditions of Use | Privacy Policy | Discover other ABC Email newsletters

ABC

ABC NewsMail - Morning Edition

Good morning. Here's what's happening now:

  • Police divers have retrieved a human arm from the sea floor off the Western Australian coast, not far from where authorities have been searching for two missing fishermen

  • St Vincent's wants Australia's major parties to adopt higher alcohol taxes, ban alcohol sponsorship in sport, and introduce national lockout laws. It's all part of a proposal to reduce alcohol-related harm by 20 per cent by 2025

  • US police say they're investigating whether to lay criminal charges over the shooting of a gorilla at a Cincinnati zoo. Harambe the Gorilla was shot in order to rescue a four-year-old boy who had fallen into its enclosure

How did the Moon get its water? (Did you know there is water in the Moon's interior?) A new study suggests it got there via water-rich asteroids which bombarded the Moon between 4.5 billion and 4.3 billion years ago

Here's what's coming up:

  • 7:00am AEST: Finance Minister Mathias Cormann is scheduled to speak to ABC News Breakfast

  • 9:00am AEST: Opposition Leader Bill Shorten is expected to be interviewed by 612 ABC Brisbane

  • 10:00am AEST: An inquest will begin in Adelaide into the death of a 10-year-old girl from multi-organ failure

  • 11:30am AEST: Australia's GDP growth figure for the March quarter will be released

  • 7:45pm AEST: Game one of this year's State of Origin series kicks off at Olympic Stadium in Sydney

 
Top Stories
Sister's inquest plea as detectives chase fresh lead in cold case
The sister of Sharron Phillips, who vanished in 1986 after her car ran out of petrol, pleads for a new inquest and points the finger of suspicion at her own father as detectives dig for evidence in a Brisbane industrial estate.
 
Surfer critical after losing leg in shark attack, south of Perth
A surfer is in a critical condition in hospital after his leg was severed in a shark attack off the Mandurah coast, south of Perth.
 
Vote Compass: Australians divided on transgender awareness education
Australians are divided on whether children should learn about transgender awareness in primary school, Vote Compass data suggests.
 
Major parties urged to boost booze tax, introduce national lockout laws
New proposals around alcohol regulation will see 30,000 fewer hospital admissions per year and three fewer alcohol-related deaths per day, says Australia's largest not-for-profit provider of health and aged care services.
 
Three battles that will decide State Of Origin I
Every kick, run and pass takes on extra significance come Origin time, but one play could decide who draws first blood in 2016.
 
Human arm discovered on sea floor off WA coast
Police divers retrieve a human arm from the sea floor off the Western Australian coastal town of Coral Bay, not far from where authorities have been searching for two missing fishermen.
 
Over 45 million people trapped in modern slavery: report
Over 45 million people are living as modern slaves around the world, according to the 2016 Global Slavery Index, with two-thirds reported in the Asia-Pacific region.
 
Criminal charges possible over US zoo's gorilla shooting incident
Authorities are taking a second look at the possibility of criminal charges over an incident at a Cincinnati zoo in which a 17-year-old gorilla was killed to rescue a boy who fell into its enclosure.
 
Asteroids delivered bulk of the Moon's water, study finds
Water-rich asteroids that bombarded the Moon between 4.5 billion and 4.3 billion years ago were the main source of water in the Moon's interior, suggests the latest study in a long-running debate.
 
Fertility specialists reject calls for greater regulation of IVF industry
Fertility specialists knock back calls for more regulation of the IVF industry, saying Australia is an international leader in infertility research and treatment governed by a code of practice that is the envy of the world.
 
Trump attacks 'dishonest' US media, 'sleazy' reporter
Donald Trump goes on the offensive against the US media, slamming coverage of $US6 million he claimed to raise for veterans, branding the political press "dishonest" and one journalist "a sleaze".
 
Islamic State using human shields in Fallujah: United Nations
Iraqi government forces are closing in on the IS-held city of Fallujah but witnesses say the militants are holding hundreds of families captive for use as human shields.
 
Apartment owner questioned over Australian's disappearance in Rio
Missing Australian Rye Hunt checked into an apartment after leaving Rio International Airport and his laptop, camera and travel bags were found in the room, his family says.
 
Video: Giant alligator stuns golfers in Florida
Golfers capture incredible footage of a 4.6-metre-long alligator taking a stroll on a Florida golf course.
 
Analysis and Opinion: The Drum
By Peter Lewis Beers, bubs and breakdowns: We put our pollies to the sniff test
By Peter Lewis
By Jonathan Green Election 2016 is our chance to demand a better version of politics
By Jonathan Green
By Mungo MacCallum My friend's Labor of love doesn't extend to Shorten
By Mungo MacCallum
By Chris Berg Why we're seeing less pork barrelling this election
By Chris Berg
 
Just In
Vote Compass: Australians divided on transgender awareness education
June 1, 2016 - 6:10 am
Jump in southern Tasmanian property prices predicted to continue
June 1, 2016 - 6:10 am
Push for Taser rollout after fatal police shooting in Tasmania
June 1, 2016 - 6:10 am
 
World
At least 23 killed in Russian strikes on Syrian city of Idlib: monitor
Netanyahu dusts off Arab-Israeli peace plan after new government uproar
A tale of two towns: Opposite ends of the Brexit divide
 
Business
Economists expect 0.8 pc rise in GDP for March quarter
Share market slightly down as gold companies buck the trend
Fraudsters blamed for higher insurance costs
 
Politics
Trump attacks 'dishonest' US media, 'sleazy' reporter
Over 45 million people trapped in modern slavery: report
Netanyahu dusts off Arab-Israeli peace plan after new government uproar
 
Sport
Three battles that will decide State Of Origin I
Cronk to make call on his own fitness hours out from Maroons' Origin opener
Stosur defeats Halep to reach French Open quarter-finals
 
Science and Tech
Harambe was protecting boy from screaming crowd: expert
'I hated myself': Australian teens losing thousands in Counter-Strike gambling
Some credit card info at risk after transport website security breach
 
Environment
Shorten pledges $500m for reef as surveys reveal mass coral die-offs
Coral bleaching and that UNESCO list. What's been going on with the reef?
35pc of coral killed by bleaching in parts of Great Barrier Reef
 

Follow ABC News

 

About this email

You received this email because you are subscribed to ABC News email alerts.

This message was sent to you at starnewsposting@gmail.com.

Please add newslists@your.abc.net.au to your email address book to see images by default and stop the email being treated as spam. This email address is not monitored - Please don't reply to this email.

This service may include material from Agence France-Presse (AFP), APTN, Reuters, AAP, CNN and the BBC World Service which is copyright and cannot be reproduced.

Add or remove topics | Unsubscribe | Contact Us

 

Australian Broadcasting Corporation, 700 Harris Street, Ultimo NSW 2007

© 2016 ABC | Conditions of Use | Privacy Policy | Discover other ABC Email newsletters

ABC

ABC NewsMail - Afternoon Edition

 
Top Stories
Apartment owner questioned over Australian's disappearance in Rio
Missing Australian Rye Hunt checked into an apartment after leaving Rio International Airport and his laptop, camera and travel bags were found in the room, his family says.
 
Steven Peet remanded in custody over triple murder
The man charged with the murder of Adeline Yvette Wilson-Rigney and her two children at Hillier in Adelaide's north does not apply for bail during a court hearing.
 
National minimum wage lifted 2.4 per cent
Australia's lowest paid workers will receive a 2.4 per cent pay increase, following the annual minimum wage decision, to $672.70 a week.
 
Part-time Coles worker wins Fair Work case
Coles could be forced to renegotiate wages and conditions of thousands of employees as a worker wins a David-and-Goliath battle against the supermarket chain and one of Australia's most powerful unions.
 
Live: PM says Pauline Hanson not welcome in politics
The Prime Minister hits out at former One Nation politician Pauline Hanson, saying she would not be a "welcome presence" in the Upper House. Follow all the political developments live.
 
Croc population steady, no need for cull Qld Government says
Crocodile numbers in Queensland remain steady and there is no need to cull the population, the State Government says. Federal MP Bob Katter is calling for a cull after Cindy Waldron was taken by a crocodile north of Cairns on Sunday night.
 
Peris replacement Malarndirri McCarthy not enrolled to vote in NT
Nova Peris's replacement in the Senate, Malarndirri McCarthy, confirms she is not a member of the Labor Party, nor is she enrolled to vote in the Northern Territory.
 
Tradie dies after fence collapse in Geelong
A bricklayer dies after the fence he was working on collapses onto him in the Geelong suburb of Belmont, emergency services say.
 
Police excavate site at Ipswich in search for Sharron Phillips
Police excavate a site in Ipswich, west of Brisbane, in the hunt for the body of Sharron Phillips who disappeared 30 years ago.
 
Harambe was protecting boy from screaming crowd: expert
Screaming adults above the enclosure, rather than the little boy who fell in, the real 'threat' perceived by the silverback gorilla shot at a US zoo on the weekend, animal behaviour expert says.
 
NRL to scrap golden point for finals
The NRL prepares to scrap golden point for finals games, as the competition committee approves the introduction of extra time.
 
Police feared teen who self-immolated was being groomed for sex
Police were concerned a teenager who died in regional Victoria after setting himself on fire was being groomed for sexual servitude, an inquest hears.
 
Australian man arrested on child pornography charges in Canada
An Australian man is charged in Canada with child pornography offences after he was allegedly caught filming a boy in a public bathroom.
 
'Cute' kangaroo ruptures woman's breast implants in attack
A South Australian woman will undergo surgery after her breast implants were ruptured during a kangaroo attack while she and a friend were out cycling.
 
Foreign businessman buys Tasmanian island for $5.5m
Waterhouse Island, off the north-east coast of Tasmania, which gained global interest when put on the market last year, is sold to a Singaporean businessman who will use it as a private retreat.
 
Analysis and Opinion: The Drum
By Peter Lewis Beers, bubs and breakdowns: We put our pollies to the sniff test
By Peter Lewis
By Jonathan Green Election 2016 is our chance to demand a better version of politics
By Jonathan Green
By Mungo MacCallum My friend's Labor of love doesn't extend to Shorten
By Mungo MacCallum
By Chris Berg Why we're seeing less pork barrelling this election
By Chris Berg
 
Just In
Crows say sorry for players' warm-up during women's match
May 31, 2016 - 4:57 pm
Men arrested, cars seized after Adelaide homes raided
May 31, 2016 - 4:56 pm
Cronk to make call on his own fitness hours out from Maroons' Origin opener
May 31, 2016 - 4:55 pm
 
World
Video: Giant alligator stuns golfers in Florida
Housing oversupply stokes fears of Chinese property bust
World's most expensive handbag sells for $417,000
 
Business
Economists expect 0.8 pc rise in GDP for March quarter
Fraudsters blamed for higher insurance costs
National minimum wage lifted 2.4 per cent
 
Politics
Turnbull defends Bishop over on-air super stumble
How does Australia's minimum wage compare?
National minimum wage lifted 2.4 per cent
 
Sport
Roughead refuses to be down over cancer battle
NRL to scrap golden point for finals
Cronk to make call on his own fitness hours out from Maroons' Origin opener
 
Science and Tech
Harambe was protecting boy from screaming crowd: expert
'I hated myself': Australian teens losing thousands in Counter-Strike gambling
Some credit card info at risk after transport website security breach
 
Environment
Shorten pledges $500m for reef as surveys reveal mass coral die-offs
Coral bleaching and that UNESCO list. What's been going on with the reef?
35pc of coral killed by bleaching in parts of Great Barrier Reef
 

Follow ABC News

 

About this email

You received this email because you are subscribed to ABC News email alerts.

This message was sent to you at starnewsposting@gmail.com.

Please add newslists@your.abc.net.au to your email address book to see images by default and stop the email being treated as spam. This email address is not monitored - Please don't reply to this email.

This service may include material from Agence France-Presse (AFP), APTN, Reuters, AAP, CNN and the BBC World Service which is copyright and cannot be reproduced.

Add or remove topics | Unsubscribe | Contact Us

 

Australian Broadcasting Corporation, 700 Harris Street, Ultimo NSW 2007

© 2016 ABC | Conditions of Use | Privacy Policy | Discover other ABC Email newsletters

ABC

Visitors Counter :