Synopsis Monetary policy is a powerful tool for manipulating the economy, its capacity is heightened by the floating exchange rate used in Australia since December 1983. Fiscal policy, the other major macroeconomic force is somewhat less effective in reaching the major goals of the government inc...

"Do interest rates have an important negative influence on investment expenditure?" Plan of the essay Introduction Part A 1. The interest rate 2. Investment expenditure 3. Relation of the interest rate to the investment expenditure Part B 4. Econometric model ...

The Current Economy and Medium-Term Growth Prospects Summer 1999 brought several indications that the recovery is slowly starting to gather momentum. Public investment, the zero interest rate policy, and an easy lending stance backed by government credit guarantees has clearly had an effect. Full-...

Section 3: How are wages determined in Australia. Describe the roles of employer associations, trade unions and industrial tribunals in Australia's labour market. Wage determination in the labour market, has been partly based on the standard of what constitutes a fair or living wage, and th...