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The Australian economy is dominated by services and relies on exports from agriculture and mining, which account for 10% of GDP but 57% of exports. Key trends in the Australian economy include openness to foreign investment, changes in political leadership between liberal and labor parties since 1996, high household debt levels, an aging population affecting employment, and shifts between bull and bear markets driven by global factors like credit availability and demand for Australian resources and infrastructure projects.
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Broad Structure And The Trends In The Australian Economy
The Australian economy is dominated by services and relies on exports from agriculture and mining, which account for 10% of GDP but 57% of exports. Key trends in the Australian economy include openness to foreign investment, changes in political leadership between liberal and labor parties since 1996, high household debt levels, an aging population affecting employment, and shifts between bull and bear markets driven by global factors like credit availability and demand for Australian resources and infrastructure projects.
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The Australian economy is dominated by services and relies on exports from agriculture and mining, which account for 10% of GDP but 57% of exports. Key trends in the Australian economy include openness to foreign investment, changes in political leadership between liberal and labor parties since 1996, high household debt levels, an aging population affecting employment, and shifts between bull and bear markets driven by global factors like credit availability and demand for Australian resources and infrastructure projects.
Copyright:
Attribution Non-Commercial (BY-NC)
Verfügbare Formate
Als DOCX, PDF, TXT herunterladen oder online auf Scribd lesen
Broad Structure And The Trends In The Australian Economy
The economy of Australia is a developed, modern economy. The Australian economy is dominated by
its service sector. The agricultural and mining sectors (10% of GDP combined) account for 57% of the nation's exports
Openness to Foreign Investment- Australia's foreign investment policy, as set out in
its general investment guidelines, is to “encourage foreign investment consistent with community interests.” Change of political parties - 1996-2007:Liberal Party 2008-:Labor Party Household debt & interest- Employment Ageing population Skills shortage Commercial property Bull to bear market- Foreign credit crunch trigger Energy & natural resources Public infrastructure Foreign investmen Climate change
Q: 1 The Business Environment of Pakistan. Give A Comprehensive Theoretical Background of The Topic and Then Analyze Its Practical Application in Any Private Organization of Pakistan