Recession is closer than you think

Article Abstract:

Economic indicators show that Australia will probably enter into recession sometime between 2003 and 2007. High levels of household borrowing have made the economy vulnerable to shocks including drought and terrorism. If the household borrowing gap closes suddenly, Australia could face a severe recession.

Australia, Forecasts, trends, outlooks, Consumer Expenditures, Private Households, Stationery stores, Consumer Exp-Stationery,Writing Suppl, Consumer Expend-Food & Tobacco, Consumer Expend-Health & Recreation, Consumer Expend-Reading & Recreation, Forecasts and trends, Market trend/market analysis, Consumer spending, Recessions, Stationery, Writing materials

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Red alert on debt

Article Abstract:

Australia's long run of high current account deficits, coupled with low savings rates, could trigger an uncontrolled exchange rate crisis.

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Fasten your safety belts - but how tightly?

Article Abstract:

Issues concerning the economic cycle in the US and its impact on Australia's economic future are discussed.

Economic development, Criticism and interpretation

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