Performance of the Aust Economy

Executive Summary The purpose of this field was to evaluate the consummation of the Australian deliverance everyplace the goal five days (2003-2008). To look back the consummation of the economy, the five frugal objectives of the Australia economy were used as criteria in judging its exploit. The five economical objectives are: economical growth Full Employment expense Stability External Balance Standards of Living Australias post in the trade cycle was also examined. After long depth psychology of the criteria, this identify concluded that Australias biggest problems perch in worth stability (inflation) and external balance ( veritable sum up deficit). Some of the recommendations this report made were: This report recommends that interest evaluate should remain constant. This is because cost-push inflationary pressures are now evident and raise interest rates result only add to inflationary pressure. The Australian long horse needs to be unplough ed relatively low, so exports groundwork be further stimulated. This consecrate also reduce imports, which forget reduce Australias current account deficient (CAD). Rebates should be offered for research in election force outs. 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 geezerhood (2003-2008). The five economic objectives will be used as criteria in critiquing the performance of the Australian economy. Therefore, af ter evaluating the performance of the econom! y, 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

If you want to get a full essay, visit our page: write my paper