AUD - Australia data: Q1 company profits 5.9% q/q (vs. expected +3.0%) - ConsultFX

AUD - Australia data: Q1 company profits 5.9% q/q (vs. expected +3.0%)

Yowza …. I guess if you can hold wage costs down (Aussie wage growth is very slow indeed) the bottom line will get a boost Profits blow out above expectations …. Q1 gross company profits at +5.9% q/q