Australia Economy
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Economy In Focus As New Australia PM Turns To Domestic Issues After Quad Trip
New prime minister Anthony Albanese said on Thursday Australia faces significant economic headwinds, turning his attention to domestic affairs after a first few days in office dominated by international security.
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The Secret To Australia Avoiding Recession: Mass Immigration
A flood of arrivals that's swelled Australia's population by 50 percent over the past three decades has underpinned economic growth and allowed governments to boast of avoiding recession since 1991.
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Tough First Year Raises Doubts Australian Prime Minister Will Last Full Term
Australian Prime Minister Tony Abbott is nearing the end of his first full year in office hobbled by missteps and a souring economy that have plunged his approval ratings to historic lows, increasing speculation he may not survive to a second term.
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As G20 Chases Growth Goal, Members Differ on How to Get There
As the Group of 20 leading economies meet to change no less than the "destiny" of the global economy, members remain divided on how to get there with Germany pushing back at U.S. calls for more government stimulus.
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Australia warns of US-style debt shutdown
Australian Treasurer Joe Hockey warned Thursday of a US-style shutdown if the Labor opposition refuses to agree to lift the nation's debt ceiling to Aus$500 billion.
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Economy In Focus As New Australia PM Turns To Domestic Issues After Quad Trip
New prime minister Anthony Albanese said on Thursday Australia faces significant economic headwinds, turning his attention to domestic affairs after a first few days in office dominated by international security.
-
The Secret To Australia Avoiding Recession: Mass Immigration
A flood of arrivals that's swelled Australia's population by 50 percent over the past three decades has underpinned economic growth and allowed governments to boast of avoiding recession since 1991.
-
Tough First Year Raises Doubts Australian Prime Minister Will Last Full Term
Australian Prime Minister Tony Abbott is nearing the end of his first full year in office hobbled by missteps and a souring economy that have plunged his approval ratings to historic lows, increasing speculation he may not survive to a second term.
-
As G20 Chases Growth Goal, Members Differ on How to Get There
As the Group of 20 leading economies meet to change no less than the "destiny" of the global economy, members remain divided on how to get there with Germany pushing back at U.S. calls for more government stimulus.
-
Australia warns of US-style debt shutdown
Australian Treasurer Joe Hockey warned Thursday of a US-style shutdown if the Labor opposition refuses to agree to lift the nation's debt ceiling to Aus$500 billion.
