Current predictions are that the economy - as measured by gross domestic product (GDP) - expanded 0.9 per cent in the December quarter alone and 2.4 per cent from a year earlier.
Interest Rates were increased for the 4th time to 4% on strong employment growth and inflation fears.

http://www.smh.com.au/business/rba-raises-interest-rates-20100302-pfez.html?autostart=1