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Australian Economy - Treasurer Scott Morrison Warns: Change Or Risk Recession

By Andrew Bolt ~

Australia’s Treasurer Scott Morrison issues the warning we need:

“A generation has grown up not ever having known a recession, of seeing unemployment rates at more than 10 per cent, with one million Australians out of work or mortgage rates at 18 per cent or where inflation is actually a problem, rather than an aspiration.”

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Public Opinion

The next phase of Australia's diminishing tax base? Losing billions in revenue to China and India

Imagine a world where Australia produces little goods and services that may be taxed, and at the same time, loses out on billions of dollars of mining company revenue to China and India. 18 more words

Australian Economy

Four things emerging about the Australia-China Relationship from economic standpoint

Based on the developments till last year and early this year given rising investments, export-import scenario and so forth, relation between Australia and China was thought to be sailing smoothly. 876 more words

Australian Economy

Australian bandwidth is the most expensive in the world thanks to Telstra and Optus | Daily Mail Online| Yes John Howard sold Telstra and promised efficiency for whom?

Data costs in Australia are 17 times those of Europe, making them worse than Africa and the same as South America, because the two providers have too much market power. 18 more words

Australian Economy

Seven things to know about Australian property sector

As the Australia economy dependence is moving away from mining towards service, housing construction boom began, leading to 30% rise in home prices since mid-2012 making Australia one of the world’s least affordable property markets. 1,007 more words

Four things to know about the Australian business confidence data

The NAB business confidence index for the month of July 2016 eased slightly to 4 points in the month of July 2016, following a downward revision to 5 points in the previous month. 786 more words

Three startling things about oil demand growth post the latest IEA report

With the rise in market volatility, oil prices already took a lot of hit this year and as per the latest report from the International Energy Agency (IEA), oil demand in 2017 is now going to be weaker than earlier estimations. 750 more words