Costello issues a warning

Mr Costello has raised particular concern over higher oil prices and the stronger Australian dollar, which was hitting exporters.
Nanjing Night Net

Shoppers and home builders in Sydney have taken the wind out of Australia’s economic sails, leading to Mr Costello’s warning of tougher economic times ahead. New figures showed a surprising dip in retail sales as shoppers, perhaps spooked by the October election and high oil prices, stopped stalking the nation’s shopping malls.

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