Articles on Australian economy

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Joe Hockey and Tony Abbott: unable to successfully argue the case for economic reform? Lukas Coch/AAP

Ten economic events leading up to the Abbott spill

Tony Abbott says sound economic management is in the DNA of the Liberals. So what went wrong?
Malcolm Turnbull is facing a difficult set of economic circumstances. AAP Image/Sam Mooy

Turnbull inherits an economy battered by global headwinds

What can Turnbull do to deliver the kind of outstanding economic leadership he says Australia needs? His first step will be to acknowledge the economic problems Australia is currently facing.
What goes around comes around – New circular thinking, access to abundant solar energy and supporting new technology could provide a competitive advantage for Australian industries. Flickr/Beyond Zero Emissions

Resource productivity: four ways Australia can keep the good times rolling

Australia’s relative share of global economic opportunity derived from smarter use of materials, energy and water could be $26 billion each year by 2025. Here are four ways Australia could make the most of the circular economy boom.
Australian Prime Minister Tony Abbott has thrown his support behind coal mining, arguing coal is ‘good for humanity’. Dan Peled/AAP

The facts on Australian coal production

Despite the divestment movement gaining ground, the share prices of our major coal miners suggest there's still strong investor support.
Australia has committed to a long-term global average temperature increase to no more than two degrees Celsius – yet often envisions a future in which its is a major coal exporter. EPA/FEDERICO GAMBARINI

A tale of two futures: Australia’s economy under climate change

When it comes to climate change and Australia's economic future, different crystal balls can produce vastly different results.
Treasurer Joe Hockey’s failure to talk about basic measures of the economy in his second budget speech is telling. AAP/Mick Tsikas

Three missing letters say it all about Hockey’s budget pitch

A budget speech that fails to discuss basic measures of how the economy going is revealing in itself. Joe Hockey is the first treasurer since at least 1981 not to mention GDP.
Treasurer Joe Hockey and Finance Minister Mathias Cormann speak to media during the 2015 budget lockup. AAP Image/Lukas Coch

Path to budget surplus built on shifting foundations

The impact of 2015 budget measures delivered by the government pale into insignificance when compared with the external factors hurting the budget bottom line.
Australia can expect expansion in sectors such as tourism, the health and financial services sectors, banking and securities. AAP Image/Joel Carrett

As the mining boom wanes, Australia pivots to services

Mining, along with agriculture, will continue to be key parts of the Australian economy -- but new growth is expected in the services sector.
As economic growth in China moderates, so will its demand for Australia’s raw materials. AAP Image/Alan Porritt

Australia’s ‘five pillar economy’: mining

The mining boom is over and the industry is employing fewer workers -- but the outlook for mining in Australia seems generally good.
The People’s Bank of China surprised observers by cutting its reserve requirement ratio by 100 basis points to 18.5% on the weekend. EPA/MARK

China’s required reserve ratio cut will nudge Australia along

Most of the new credit released after China's central bank cut the required reserve ratio will be used to fund new investment in infrastructure and construction -- and that's good news for Australia.

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