CANBERRA, June 7 (Xinhua) -- Strong results in mining exports have led to significant growth in the Australian economy, according to the Bureau of Statistics (ABS). Australia's economy is growing at an annual rate of 3.1 percent, up from 2.4 percent three months ago, the ABS reported late...
Sydney, Australia, 12 March 2018– Digital transformation will add an estimated $45 billion to Australia’s GDP by 2021 and increase its growth rate by 0.5 per cent annually, according to a new study released today. The research, “Unlocking the Economic Impact of Digital Transfo...
fall in Australia's GDP growth rate, as the countries most severely affected by the crisis represent over 60 percent of Australia's export markets. This paper argues that the more pessimistic forecasts attached too much weight to the links between Australia's external accounts and GDP growth. In...
Growing Australia’s tech industry at the same rate as countries such as the U.S., Britain, France and Japan, would add 40-50 billion Australian (27-34 billion U.S.) dollars per year to GDP over the next 20 years, the report said. AlphaBeta director Dr. Andrew Charlton said that a...
• Exchange rate: AUD $1 = USD 0.76 = RMB 6 • Financial year runs from 1 July to 30 June 人口:2070万 2005-06年: GDP:9620亿澳元 进口:2090 亿澳元 出口:1920亿澳元 汇率:1澳元=0.76美元=6人民币 财政年度:7月1日至次年6月31日 ...
According to areportfrom the Vietnam Ministry of Information and Communications, the proportion of the digital economy in GDP has increased from 11.91 per cent in 2021 to 14.26 per cent in 2022. In the first six months of 2023, it hit 14.96 per cent. ...
412.1 IntroductionAustralia’s growth performance since the early 1990s has been excep-tional. Over the last ten years, annual gross domestic product (GDP)growth averaged just under 4 percent—a performance not seen since the1960s and early 1970s. Strong growth even persisted in the midst of th...
Capital Canberra Currency Australian Dollars (AUD) Australia Population 25.73 million (as of June 2021) GDP Per Capita USD 51,692 (PPP, as of 2020) Brought to you by National Minimum Wage • Serves as the minimal entitled wage for all employees. However, if an employee is under an Award...
reputations in the last few days – first with the central bank’s unexpected decision on Tuesday to hold interest rates at 3.25 per cent (only a handful of economists/analystscalled it correctly), and now, with its latest GDP report on Wednesday, a surprise fall in economic growth, as opp...
Spending by governments at all levels as a proportion of gross domestic product (GDP) (currently around 36%) could rise to well above 40% over the decades ahead, if not sooner. The financial and economic crisis in the developed countries in the Northern Hemisphere can in part be attributed ...