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Data Alert: Australia Emerging from the Global Financial Crisis in a Position of Strength as an International Financial Centre

28 October 2009

Australia is positioned to emerge from the global financial crisis earlier and in a comparatively better position than most developed nations. Australia’s financial sector has not been immune from the crisis, but it has fared better than other major financial centres. The sector remains strong and continues to develop as a regional and global centre, with Australian based institutions seeking global and/or regional mandates and viewing Australia as a base for product and process innovation.

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