Figures have shown that the Australian economy is growing at a slower pace after it was hot by the global financial crisis. And as a result of the local currency has come down sharply.

During the month of September, the national account figures were published and they showed that growth has been by just 0.2 per cent. This is as compared to the 1.1 per cent jump that was seen during the previous quarter.

This is the fifth worst performance that has happened in the period of last 10 years. But in retaliation, Treasurer Wayne Swan has said that the GDP reports are not very surprising given the fact how the world economy is fairing. And the Australian dollar will get down to normal once the stimulus package is eased out.

He accepted that there were bumps on the road to recovery but said that since the fundamentals of the economy were strong things would soon get better.

The rise was below the market expectations that suggested a rise of 0.5 per cent. But experts believe that economy is delicately poised.