Performance of the Aust Economy

Executive Summary The purpose of this field was to evaluate the executing of the Australian prudence everyplace the goal five eld (2003-2008). To look back the public presentation of the economy, the five frugal objectives of the Australia economy were used as criteria in judging its motion. The five stinting objectives are: economical growth Full Employment harm Stability External Balance Standards of Living Australias property in the trade cycle was also examined. After huge depth psychology of the criteria, this identify concluded that Australias biggest problems lie down in worth stability (inflation) and external balance ( new grudge deficit). Some of the recommendations this report made were: This report recommends that interest sample should remain constant. This is because cost-push inflationary pressures are now evident and training interest rates result only add to inflationary pressure. The Australian long horse needs to be unploughed re latively low, so exports groundwork be further stimulated. This hope also reduce imports, which allow for reduce Australias current account deficient (CAD). Rebates should be offered for research in alternating(a) send aways. The GST component should also be removed on fuel to lessen the cost for society.

1.0Introduction This report will evaluate the performance of the Australian economy over the last five long time (2003-2008). The five economic objectives will be used as criteria in critiquing the performance of the Australian economy. Therefore, after evaluating the performance of the economy, r! ecommendations will be made regarding approaching priorities and economic policy directions. 2.0Research methodology This report was compiled using secondary winding sources. The secondary sources include; Internet resources, the set text and handouts. 3.0 survey Findings To evaluate the performance of the Australian economy over the last five years, the economic objectives of the Australian...If you want to get a wide essay, order it on our website: OrderCustomPaper.com

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