Performance of the Aust Economy

Executive Summary The purpose of this field was to evaluate the surgical operation of the Australian providence everyplace the goal five old age (2003-2008). To look back the murder of the economy, the five sparing objectives of the Australia economy were used as criteria in judging its surgery. The five frugal objectives are: economical growth Full Employment charge Stability External Balance Standards of Living Australias flummox in the trade cycle was also examined. After huge depth psychology of the criteria, this identify concluded that Australias biggest problems breathe in worth stability (inflation) and external balance ( up-to-the-minute handbill 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 fostering interest rates result only add to inflationary pressure. The Australian long horse needs t o be unbroken relatively low, so exports groundwork be further stimulated. This practice also reduce imports, which allow reduce Australias current account deficient (CAD). Rebates should be offered for research in preference 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 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 approaching priorities and economic policy directions. 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 fiv! e 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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