Recently Released Market Study: Australia Shipping Report Q1 2014
Although the Australian economy continued to grow at the end of 2012 (0.6% quarter-on-quarter in seasonally adjusted terms), with this performance supported by the improvement in export performance, BMI does not expect external demand to remain resilient in 2013. This will have a negative impact on the country's shipping sector and we believe that the soft domestic economy will also weigh on headline growth, which we expect to slow to 2.1%.
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