|
|
Article: FED: Aust growth rate to boost region: Singapore PM
- Article from:
- AAP General News (Australia)
- Article date:
- March 4, 1999
CopyrightProvided by ProQuest LLC. (Hide copyright information)
|
AAP General News (Australia)
03-04-1999
FED: Aust growth rate to boost region: Singapore PM
By Liz Rudall, Economics Correspondent
CANBERRA, March 4 AAP - Australia's economic growth surge was a boost for the Asian region
but needed to be sustained, Singapore's Prime Minister Goh Chok Tong said today.
The comments came amid evidence that wages growth was flattening in Australia, suggesting
relatively high real wages should not boost inflationary pressures.
After meeting with Prime Minister John Howard today, Mr Goh said he hoped Australia could
sustain strong economic growth, which came in at 4.7 per cent for 1998, for a few more years.
"It surprised me," he told reporters of ...