Winter in America, cool in Australia: as the U.S. economic outlook worsens, Australia, with a bit of luck, seems well placed to keep growing

Article Abstract:

The prospects for the world economy and for Australia's economic situation in 2002 are considered. ANZ Banking Group Chief Economist Saul Eslake believes that the Australian economy will expand by 1.9% in 2001 and 3.2% in 2002. The low Australian dollar has assisted the economy, with exports being more competitive.

Cover Story

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Capital gains

Article Abstract:

The opinions of Malcolm Turnbull, on the benefits of reducing tax rates for economic development, are presented.

Public Finance Activities, Forecasts, trends, outlooks, Scientific Research and Development Services, Management dynamics, Taxes, Tax Rates, Development, Economic Programs-Total Govt, Administration of Economic Programs, Management, Beliefs, opinions and attitudes, Politicians, Market trend/market analysis, Tax policy, Company business management, Turnbull, Malcolm

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Easy money and hard luck

Article Abstract:

The reasons behind the increase in low-documentation loans, which are offered by Australian banks, are presented. The economic impact of such loans on Australian is discussed.

Commercial Banks, Financial management, Banking industry, Finance, Growth, Company financing, Bank loans, Company growth

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