The statistical properties of Australian GDP estimates are used to investigate discontinuities in economic growth between 1828 and 1913. Australian GDP appears to follow a segmented trend stationary process, with discontinuities around 1851 and 1891. The results are used to shed light on the impact ...
Australia’s GDP has seen a significant increase over the past decade, more than doubling its value, and experienced a rather quick recovery from the 2008 financial crisis, which indicates that the country experienced economic growth as well as higher productivity. One of the primary reasons is ...
In its forecasts for the global economy, the IMF predicted that Australia's gross domestic product (GDP) would contract by 6.7 percent, or 130 billion Australian dollars (83.7 billion U.S. dollars), this year. It would be the biggest hit to the Australian economy since 1930, when the econ...
it is likely to have less of an impact than if this is a sustained increase," he said, adding that volatile commodity prices would likely deter investment and consumption, which in turn would stagger economic growth.
A manufactured slowdown in the economy is working, with GDP rising just 0.2 per cent this quarter. But rate hikes have yet to make a big enough difference to the inflation dynamics in the economy.
Australia is now entering its 28th year of economic growth. GDP growth is at 2.8 per cent, unemployment a low 5 per cent.The nation should be proud of its track record and I firmly believe that by accelerating digital transformation – by rolling out bet...
As a developed country of over US$ 55,000 GDP per capita income, Australia has a large middle class in knowledge related occupations and professions. Yet, family budgets are stringent having to pay higher taxes in lieu of welfare services particularly for their children and old age. In ...
The big four banks will also contend with a possible slowdown in Australia's GDP growth, which, coupled with a rising cost of living, could be a key risk for businesses' ability to service their debts. Banks' asset quality may be imp...
Summary The December quarter National Accounts show an economy slowing in line with the Reserve Bank’s expectations – with annual GDP growth at 1.5 per cent. This release does not give us reason to fear a significant deterioration in economic activity, as the conditions are in place for a ...
澳大利亚采矿业指南au_Deloitte_The_Australian_Mining_Guide(1)