Australian industry
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Australian GDP hits three-year high of 1.2%

The Australian economy grew at its fastest pace in three years in the second quarter of the year.

The growth was fuelled by demand for the country's iron ore and other commodities, mainly from China.

Gross domestic product expanded 1.2% in the April-June quarter from the previous quarter, compared with 0.7% in the first quarter.

Nick Bryant reports from Sydney.

  • 01 Sep 2010
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