Current State Of The Australian Economy

Part A Current global make do process Australias International Trade Performance has improved over the by 24 months. The Australian markets have re mained steady disrespect volatile US investors. In recent months, the Australian frugal system has chiefly strike on high side as housing, exports, and consumer spending has take Australias steady trade performance. The Current note Deficit has cut down substantially over the then(prenominal) months but will the Australian rescue survive the effectuate of the US disaster. This report examines a number of key economic indicators to highlight this opinion. Economic ripening has severely spillway from 5% in June 2000 to 2.1% in meet 2001, but all the relevant indicators show a beef up economy. The Australian economy remains to strengthen despite the attacks on the World Trade Centre on September 11. The respite on goods and go is a surplus of $33 meg. This is a decrease of $1,082 gazillion on the surplus in July. E xports of goods and work fell $290 one thousand million (2%) to $12,864 million. Non-rural and different goods fell 4% ($313) million and rural goods rose by 6% ($157 million). keep in line framing 1.1 below. serve credits fell $134 million (5%) to $2,633 million See fingers fullness 1.2 below (Australian Bureau of Statistics 2001 pp 3 ?4) Figure 1.1                                             Figure 1.

2 Rural goods rose $157 million (6%) to $2,683 million, while non-rural and other goods reduced $313 million (4%) to $7,548 million. Other g oods rose $4 million (1%) to $604 million, w! ith the main increase in goods for processing, up $55 million (138%), generally over due to re-exports of gold for processing rising $54 million (145%). This rise was partly offset by a go along in non-monetary gold, down $43 million (9%) mainly due to decreased export volumes of gold bullion. (Australian Bureau of Statistics 2001 pp 4 ?5) Imports of goods and run rose $792... If you want to get a full essay, prepare it on our website: BestEssayCheap.com

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