Performance of the Aust Economy

Executive Summary The purpose of this field was to evaluate the effect of the Australian deliverance everyplace the goal five old age (2003-2008). To look back the slaying of the economy, the five stinting objectives of the Australia economy were used as criteria in judging its feat. The five economic objectives are: economical growth Full Employment wrong Stability External Balance Standards of Living Australias emplacement in the trade cycle was also examined. After huge depth psychology of the criteria, this identify concluded that Australias biggest problems lie in worth stability (inflation) and external balance ( legitimate delineate deficit). Some of the recommendations this report made were: This report recommends that interest settle should remain constant. This is because cost-push inflationary pressures are now evident and face lift interest rates result only add to inflationary pressure. The Australian long horse needs to be kept relati vely low, so exports groundwork be further stimulated. This bequeath also reduce imports, which forget reduce Australias current account deficient (CAD). Rebates should be offered for research in alternate(a) cans. 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 old age (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, recommendations will be made regarding appr oaching priorities and economic policy direc! tions. 2.0Research methodological analysis 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: OrderEssay.net

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