Population growth drives Australia’s economy

Australia will become the 11th largest economy on earth within the next eight years. The forecast is from UK think tank the Centre for Economics and Business Research, and is contained in its World Economic League Table 2018 report. “One of this year’s themes is that countries depending on brainpower will generally overtake countries depending […]

Copper, loopholes and probes dominate Coalition’s cut-down NBN launch

By Julian Bajkowski The Coalition has gambled large on reviving Australia’s ageing copper telecommunications network to supply broadband download speeds of between 25 megabits per second and 100 megabits per second to deliver a heavily pared-down and cheaper version of the National Broadband Network (NBN) it claims will be completed by the end of 2019. […]

Budget 2011 all about health and jobs

By Lilia Guan   Australian deputy prime minister and treasurer, Wayne Swan has released the 2011-2012 budget, with the promise of getting the country back into the black.   Mr Swan stated the floods and Cyclone Yasi will cost our economy $9 billion in lost output and reduce real gross domestic product growth by half […]

Asia told QLD open for business

The Queensland Government will promote the state’s economic recovery to key markets in Asia after a summer of natural disasters.   Treasurer and Trade Minister Andrew Fraser will lead a trade mission to Asia with Queensland businesses to meet with senior government and business leaders to promote the state’s improving economic prosperity.   A range […]

Council costs set to increase: MAV

By Angela Dorizas Australia has bucked the global trend and avoided a recession, but for local government in Victoria, the future economic outlook is constrained. The Municipal Association of Victoria (MAV) has warned that council costs are likely to increase by an average of three per cent in 2009-2010. MAV’s annual Local Government Cost Index, […]

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