In other words, the two speed economy poses a dilemma for the rate setters.

BBC: Bank weighs two-speed economy

At the same time, many analysts have pointed out that other areas of the country's economy have not done so well, resulting in what many have termed a two-speed economy.

BBC: BHP Billiton Western Australia iron ore mine

The earnings figures also emphasised the "two-speed economy, " with wages in the private services sector surging by 6.6%, fueled by March bonuses in the financial sector.

BBC: Unemployment reaches 20-year low

If you look at New South Wales and Victoria, the states where half Australia's population reside, property markets are poor, retail and manufacturing are soft, which is the two-speed economy everyone's talking about.

WSJ: Nick Greiner: Laying the Groundwork for Growth in Australia

"In 2010, we expect a two-speed global economy, " HSBC Holdings Group Chief Executive Michael Geoghegan said Monday in Hong Kong.

FORBES: Magazine Article

With the U.S. economy moving at stall speed, economists are looking to depressed housing and labor markets, two of the pillars of any consumer economy, to bounce back and help put the economy on its feet again.

FORBES: Initial Claims Show An Economy Still In Limbo As Equities Break Down