A forklift unloads shipping containers from trucks at a storage facility located near Sydney Airport in Australia. REUTERS/David Gray/file photo SYDNEY  – Australia's export volumes jumped in the June quarter as foreign visitors swarmed the country, data showed on Tuesday, offsetting softness in household consumption and providing a much-needed boost to economic growth. Spending by tourists and foreign students is classed as a service export. Other figures showed the government also spent big on infrastructure in the quarter, greatly lessening the risk of a negative reading for gross domestic product (GDP).

https://business.inquirer.net/419294/australia-economy-gets-a-boost-from-visitors-infrastructure-splurge

#inquirer