Trouble in paradise

Article Abstract:

Australia is set to see economic expansion of 4% in 2002, according to the OECD. However, it is likely that the country will remain a place of prosperity in a deteriorating world economy only for six months. Australia's economic future will depend on the timing and extent of the US recovery.

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Overinflate at your peril

Article Abstract:

The radical approach to monetary policy achieved by US Federal Reserve Board chairman Alan Greenspan had unexpected consequences around the globe. The study reported that in Australia such developments threatened the exchange rate and housing credit.

Australia, Forecasts, trends, outlooks, Forecasts and trends, Economic conditions, Market trend/market analysis

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Living well in the danger zone

Article Abstract:

Australia's financial figures reveal that spending increased in March 2001 and savings fell to a record low. This figure will probably eventually rise, but danger lurks and it is imperative for government to try to increase this figure.

Savings

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