Looks like our great, friendly Australian folk on the other side of the world are experiencing difficult times too.
BBC NEWS | Business | Australian economy shrinks 0.5%
Australia's economy has shrunk for the first time in eight years, raising fears that the country may be heading for a recession.
The economy contracted by 0.5% in the last three months of 2008 from the previous quarter, the government said.
Economists had been expecting it to grow by 0.2%.