Aussie economy 12th in world

AUSTRALIA'S economy has overtaken Spain's to become the 12th-largest in the world, according to the Government's analysis of new International Monetary Fund (IMF) data.

Treasurer Wayne Swan has described the result as a "remarkable achievement" given Australia's relative population size.

"Since the Government came to office, Australia has moved up three places from 15th-largest economy to now be the 12th-largest economy in the world," Mr Swan said.

"Since 2007, Australia's economy has surpassed the economies of South Korea, Mexico and now Spain.

"These are three very different economies from three very different parts of the world, further highlighting the exceptional performance of our economy."

Read more at ABC news online.



Dad busted with drug utensils with crystal residue

Premium Content Dad busted with drug utensils with crystal residue

A former panel beater caring full-time for two of his children was busted with drug...

Report: CQ property markets set for stability, growth

Premium Content Report: CQ property markets set for stability, growth

Rockhampton, Gladstone and Emerald markets are said to be on the rise in 2021.

Long-serving jockey makes race riding return at Rocky

Premium Content Long-serving jockey makes race riding return at Rocky

John Stephens has been off the scene since last June.