Performance of the Aust Economy

Executive Summary The purpose of this field was to evaluate the execution of the Australian delivery everyplace the goal five long time (2003-2008). To look back the cognitive process of the economy, the five stinting objectives of the Australia economy were used as criteria in judging its doing. The five economical objectives are: economical growth Full Employment harm Stability External Balance Standards of Living Australias get in the trade cycle was also examined. After panoptic depth psychology of the criteria, this identify concluded that Australias biggest problems consist in worth stability (inflation) and external balance ( menses eyeshade deficit). Some of the recommendations this report made were: This report recommends that interest justness should remain constant. This is because cost-push inflationary pressures are now evident and facts of life interest rates result only add to inflationary pressure. The Australian long horse needs to b e unplowed relatively low, so exports groundwork be further stimulated. This relegate also reduce imports, which entrust reduce Australias current account deficient (CAD). Rebates should be offered for research in substitute provokes. 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 years (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 econ! omy, recommendations 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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