Australian dollar

rate in Australia has been at a record low, of 2.5 per cent (Reserve Bank of Australia, 2013). The three factors which will be considered in determining the cash rate for October 2014 are; the housing market “boom”, the falling value of the Australian dollar and iron ore prices trading at an all time low. Based on these three factors, on the 4th of October, the cash rate should be kept at the current rate of 2.5 per cent. With the latest inflation result showing inflation to be around the mid band

preferred investment Candidate. As well as a labour market offering cheap labour to Australian businesses, large commodities buyer and limited taxation and an average of 50% cheaper materials. Creating a heavy reliance on China showing that ultimately Australian businesses would not be able to survive leading to catastrophic events such as recession. Australia relies on China as a key trading partner to support the Australian economy and to stimulate growth. China is the worlds fastest growing economy

What are the effects of China’s recent economic slowdown in GDP for the Australian economy? Word Count   ABSTRACT This essay looks to answer the question: What are the effects of China’s recent economic slowdown in GDP for the Australian economy? The intention is to look at China’s recent reduction in GDP rate of growth and find out if there are any significant negative implications for the Australian economy, and further investigate fears in the media that the slowdown may eventually

Let the dollar float. The currency was fixed, our economy was restricted allowing the market to decide what the Australian dollar is worth. The economy was quite restricted. But, floating the Australian dollar in 1983 the treasurer Paul Keating allowed Australian investors to invest abroad and more importantly international investors to invest in Australia, making the dollar go up over time leading to growth. Meaning the start of Australia’s

tremendous growth of Australia’s resource industries lies another story of great Asian potential. This is the story of a future Australian economy and society that is fully engaged with Asia. Already, companies from outside the resources sector that have begun their journey into Asia are writing the first chapters of that story. The choice to make the Asian Century an Australian century is ours to make. It is time to decide. Asia’s economic transformation is most evident in three areas. First Asian

examination of these components in the brief timeframe accessible today, however I would like to highlight a few variables I think have been imperative. These are the expanded adaptability of the Australian economy and the quest for reasonable and restrained money related arrangements. The Australian economy in the course of recent years has demonstrated a more prominent level of adaptability than was the situation in the 1970s and 1980s. This has made it stronger to the different outside stuns

global economic activity in the modern era. (W. McKibbin, A.Stoeckel, 2009, pg 1). During the years before the crisis there was a significant increase in irresponsible mortgage lending in America. The US housing market was in melt down but the Australian had moved into a consolidation period. In the US sub-prime borrowers with poor credit ratings and the inability to repay were funded mortgage

The rise and fall of the mining sector The mining boom has had broad, positive effects on the Australian economy, especially at a time when the global economic situation was precarious. The growth in exports and investment over the past ten years have supported increased employment, regional development and increased revenues for both federal and state governments. Figures from ABS (2014) show that the mining sector accounted for around 11 per cent of Australia’s GDP in 2013-14 where earnings reached

Business and Strategic Analysis Industry-wide factors Kathmandu (KMD) main operation is in Australia and New Zealand, and they have recently established their operation in the UK market. Industry wide, sport equipment generally seasonal, in Billabong, their sale would be higher in summer, while for KMD, the sale results for the whole financial year is directly dependent on sale in Winter and Easter. (Kathmandu Holdings Limited, 2015) The seasonal nature of the industry also means that a larger portion

Reece Aquilina Business Studies Year 11 Mrs Walters Part 1 Media file 1. http://www.abc.net.au/news/2015-02-27/oil-prices-could-remain-low-for-three-years-woodside/6270022 01/03/15 - External Influence - competitive situation - Internal Influence - financial resource In this article on the abc.news.net website, Woodside chief executive Peter Coleman has warned the people that oil prices could remain lower than usual for two to three years, he said that the slide has wrinkled the profits of local