The pacemaker in search of a heart

Article Abstract:

This article examines the thesis that Australia's current prosperity constitutes a New Economy as a result of reforms undertaken over the past 15 years, first by the Hawke-Keating government and then by the Howard-Costello government. Relevant points include the specific structural, political, and cultural changes, such as privatization and lowered tariffs, that have made this New Economy possible.

Economic policy

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Growth factor

Article Abstract:

A study conducted by the University of Melbourne, Australia showed that transactions worth $10 trillion to $12 trillion would take place during the period 2011-2020 in Australia's middle-market that has 160,000 businesses. The middle-market businesses need improvement because during their growth they would face legislative and regulatory parameters.

Science & research, Research, Analysis, Corporate growth, Industry growth, University of Melbourne

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Drying times

Article Abstract:

Australia faces a tough time in the near future, as it will have to fight the drought predicted by the Bureau of Meteorology and bear the consequences of the slowdown in the Chinese economy. The residential property boom has also ended in Australia, which will provide a challenge to Australia concerning its economic management.

Evaluation, Influence, Economic conditions, Droughts

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