Abstracts » Business, general

Money in the middle

Article Abstract:

The Australian federal budget's recycling, rather than redistribution, of income is generally helping the social security of the middle class, but is doing nothing to help the needy. Many middle class households earning $20,000-30,000 a year pay huge taxes, which the government returns to them as social security payments. Such payment programs used to fluctuate with unemployment rates, but payments have remained steady as unemployment has declined. As a result, the remaining needy are not receiving their share of social security.

Legislative Bodies, Finance, Brief Article, Demographic aspects, Government spending policy, Poor, Social security, Middle classes, Middle class

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Low inflation settles in

Article Abstract:

Australia's central banks have emphasized price stability, and the inflation rate since 1991 has averaged 2% a year. During the 20 years to 1990, inflation averaged 8% a year. Contributing to low inflation rates in the 1990s are lower interest rates and higher valuations of quality stock shares. Also, globalization and its resulting demand for imports has helped maintain low inflation.

Statistical Data Included, Management, Column, Economic policy, Inflation (Finance), Central banks, 1990s (Decade) AD, Inflation (Economics)

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Three views on US economy

Article Abstract:

There are three different opinions on what is likely to happen to the US economy. Some predict continued strong growth, others see that US growth is slowing down, whilst a third group expect it to slow down even more.

Evaluation, United States economic conditions

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