Search results “Mining australia gdp 2015”
Australia GDP beats forecasts
Australia GDP beats forecasts https://www.instaforex.com/
Views: 324 InstaForex
Video 1:35
         Australia records its strongest GDP growth in a year
Australia records its strongest GDP growth in a year - The Kohler Report - ABC News (Australian Broadcasting Corporation) Australia records its strongest GDP growth in a year - The Kohler Report - ABC News (Australian Broadcasting Corporation) Australia records its strongest GDP growth in a year - The Kohler Report - ABC News (Australian Broadcasting Corporation) Video 1:35 Australia records its strongest GDP growth in a year Video 1:35 Australia records its strongest GDP growth in a year Video 1:35 Australia records its strongest GDP growth in a year
Views: 244 PrettyVideos
Australia is facing financial MELTDOWN
Five charts that show why Australia is facing financial MELTDOWN UNEMPLOYMENT in Australia is rising and economic growth is slowing with experts fearing the country is about to go through a significant downturn. Resource-rich Australia has benefited hugely from the exponential growth in China's economy in recent years, by supplying the raw materials that has powered the Asian boom. In line with the rise in supplying China, Australia switched from an economy making its own goods to one that digs materials out of the ground. Mining as a percentage of Australian GDP has jumped to 8.6 per cent, while manufacturing has steadily dropped. But now the colossal Chinese economy is slowing down and, as Australia's top export destination, the abating is expected to have a big impact.
Views: 1158 Real Thing TV
Fastest Growing Countries in the World
From countries with rapidly growing populations to countries gaining wealth quite rapidly, here are 11 fastest growing countries in the world. Subscribe to American Eye! 4. Panama While many Central American countries are beginning to move in the wrong direction, Panama is unique and home to the strategic canal. On one side of Panama is the Pacific Ocean and on the other side is the Caribbean sea. The US was the one who built the Panama Canal back in 1914 but no it’s the Panamanians who wreak the benefits of this modern wonder of engineering, which is certainly one of the reasons they’ve been able to grow. Panama gained full control of the canal thanks to a treaty in 1999. In 2016, The canal has expanded since then order to accommodate much larger ships. This should certainly be an important factor for the future of Panama. GDP has been continually increasing since 2012 however the wealth distribution here hasn’t been all that great with ¼ of the population living under the poverty line. Due to Panama’s tropical climate, they’ve been able to grow numerous crops which can be easily exported thanks to the expansion of their canal. The sky's the limit for panama if they can maintain social order 3. Ethiopia Believe it or not, but the country of Ethiopia has made drastic improvements in the past decade and both their GDP and population is on the rise. Ethiopia is home to one of the fastest growing economies in the world and their GDP growth percentage has been well above the world average. This measured in at first place reaching 8.3 percent in 2016, right above Uzbekistan. China has been willing to invest in Ethiopia’s infrastructure plan but everyone still kind of worried a drought might happen again which will set them back again. Despite the drought that set them back, they’ve been export quite a few products including coffee, sugar and cereals. Other industries appear as though they’ll surpass ethiopia’s agriculture such as leather manufacturing and gold mining. 2. India With an ever growing GDP per capita, India continues to surprise people how fast they are able to grow. It’s now the 2nd largest country by population. Home to one of the earliest civilizations in the Indus Valley, India has been a thriving nation full of resources and many foreign invaders knew this. However, in modern times, it’s taken india quite a while to adjust. Within the past few decades, they’ve become a global force to reckon with. Some major cities such as New Delhi and mumbai have over 20 million residents each. They seem to exponentially be growing in population and their population has risen by 200 million people since 2001. 1. Indonesia With 261 million people, indonesia is becoming a rapidly growing nation both economically and by population. From 1960 to the mid 1990’s the population here has doubled from 100 million to 200 million and they’ve continued to grow since. With naturally beautiful places such as Bali and various volcanoes, indonesia is home to many resources, even one of the biggest gold mines in the world. They now have the largest economy in southeast asia, and many believe they will continue to be a close 2nd to china in terms of economic growth in Asia. They replaced India as the 2nd fast growing G-20 economies.With their focused on a large variety of things such as agriculture, mining, manufacturing, and tourism, they don’t have all their eggs in one basket. Indonesia is a large manufacturer of many cheap goods, but unlike china, many people in the country will be the people who buy them. The rapid growth has taken its toll on the environment like many of these countries. The citarum river near the capital of Jakarta is labeled as one of the most polluted rivers in the world. Although the government appears to rather easily corruptible, it’s shown signs of progressing
Views: 500468 American Eye
Explained: Australia's current economic position
There are differing assessments of how good or bad Australia's fiscal position is - depending on who you ask. ABC News' Jeremy Fernandez investigates. Read more: http://ab.co/1md1a4F http://abc.net.au/news http://twitter.com/abcnews http://youtube.com/newsonabc http://facebook.com/abcnews.au http://instagram.com/abcnews_au
Views: 37259 ABC News (Australia)
Qld economy brings down national GDP
Queensland Treasurer Andrew Fraser says the latest national accounts figures are shocking, but not unexpected as the state's economy shrank by 0.6 per cent in the March quarter and recorded its biggest drop in exports.
InstaForex News 6 June. Australia's GDP on Increase, Rates On Decrease
InstaForex News 6 June. Australia's GDP on Increase, Rates On Decrease
Views: 30 InstaForex
Economy Of Australia
The '''economy of Australia''' is developed and one of the largest mixed market economies in the world, with a G D P of A U D $1.69 trillion as of 2017. Australia is the second wealthiest nation in terms of wealth per adult, after Switzerland. Australia's total wealth was A U D $8.9 trillion as of June 2016. In 2016, Australia was the 14th largest national economy by nominal G D P, 20th largest by P P P -adjusted G D P, and was the 25th-largest goods exporter and 20th-largest goods importer. Australia took the record for the longest run of uninterrupted G D P growth in the developed world with the March 2017 financial quarter, the 103rd quarter and 26 years since Australia had a technical recession ( two consecutive quarters of negative growth ) . The Australian economy is dominated by its service sector, comprising 61.1% of the G D P and employing 79.2% of the labour force in 2016. East Asia ( including A S E A N and other Northeast Asia countries ) is a top export destination, accounting for about 64% of exports in 2016. Australia has the eighth highest total estimated value of natural resources, valued at US$19.9 trillion in 2016. At the height of the mining boom in 2009-10, the total value-added of the mining industry was 8.4% of G D P . Despite the recent decline in the mining sector, the Australian economy has remained resilient and stable and has not experienced a recession since July 1991. The Australian Securities Exchange in Sydney is the 16th largest stock exchange in the world in terms of domestic market capitalisation and has the largest interest rate derivatives market in Asia. Some of Australia's large companies include but are not limited to: Wesfarmers, Woolworths, Rio Tinto Group, B H P Billiton, Commonwealth Bank, National Australia Bank, Westpac, A N Z, Telstra and Caltex Australia. The currency of Australia and its territories is the Australian dollar which it shares with several Pacific nation states. Australia is a member of the A P E C, G20, O E C D and W T O . The country has also entered into free trade agreements with A S E A N, Canada, Chile, China, Korea, Malaysia, New Zealand, Japan, Singapore, Thailand and the United States. The A N Z C E R T A agreement with New Zealand has greatly increased integration with the economy of New Zealand and in 2011 there was a plan to form an Australasian Single Economic Market by 2015. All text, either derivative works from Wikipedia Articles or original content shared here, is licensed under: Creative Commons Attribution-ShareAlike 3.0 Unported License A full list of the authors of the original content can be found in the following subdomain of wikipedia, here: https://en.wikipedia.org/wiki/Economy_of_Australia (Economics: Modern State Economies)
Views: 209 FrogCast
► Top 10 Richest Countries In The World You Might Not Know
Top 10 Richest Countries In The World You Might Not Know. This is top 10 countdown of the richest countries of the world per GDP of their average income. There are different factors leading to wealth of a state. One can be from the natural factor like a country that has oil reserve. Another can be the result from service or manufacturing industry. Sometimes, financial factor is also a source to economic development. The so-called rich or poor countries are used politically in the separation of North-South division. Of course, it’s true that many rich countries are from the Northern part of the world, and many poor countries are located in the Southern part like those in Asia and Africa. Today, rich countries deserve to be studied and observed. Find below the top 10 richest countries in the world. 10. AUSTRIA Austria has a population of 8.5 million with GDP per capita income of $42,409. Although this country experienced economic decline, it is still richer than other European countries. Income tax rate of a person is 50 percent while corporate tax is lower. Austria has abundant national resources which are input to economic development. Therefore, it is the tenth richest country that provides good standard of living to the people. Of course, in developed country like Austria, you will not be surprised to know that corruption does not often happen and institutional frameworks are strong. 9. AUSTRALIA Australia has a population of 22 million with GDP per capita income of $42,640. It is a rich country because the economy focuses on mining and agriculture for exportation. Moreover, this country also has competitive technology, and an economy from service and value added production. Individual tax rate is 45 percent while corporate tax rate is 30 percent. Its famous development depends largely on national efforts from the investment of education, good health, and economic freedom. 8. NETHERLANDS Netherlands is another rich European country which has a population of only 16.8 million with GDP per capita income of $42,194. Traditionally, is economy development depends on international commerce and largest ports as the main transportation in the world. Moreover, liberal economic policy is the main focus for attracting business kick-start with less economic barriers. Like Australia, this country also exports agricultural, mining, and manufacturing goods for economic growth. 7. SWITZERLAND Switzerland is a very peaceful country. Furthermore, this land is settled by a population of only 8 million with GDP per capita income of $45,418. Because Switzerland adopts liberal democracy, there is less barriers or restrictions on investment from both local and foreign businessman. Another important thing is that Switzerland adopts a good system for financial sector to support investment activities. Therefore, banking is a priority policy because the government also extracts some revenue from it. Other sources of government revenue are from metals, chemicals, electronics, and pharmaceuticals. 6. UNITED ARAB EMIRATES United Arab Emirates is a country situated in the Middle East. This country is an oil country which has a population of 5.5 million with GDP per capita income of $49,012. Oil is the main source to government revenue and standard of living for local people. Only about 20% of the GDP are earned from other factors. Noticeably, unemployment rate in the country is only 2.4 percent where annual economic growth is only 3.9 percent. It is very unique country that has no imposition on income tax and corporate tax at all. Because it’s a very rich country, if you go to Dhabi, you will see stunning architecture. For other countries, watch the whole video till the end.
Views: 766 Top 10 Lists
Investment Update: RBA and Australian GDP
Stephen Halmarick, Head of Economic and Market Research at Colonial First State, gives an update on the RBA and Australian GDP, and impacts on the economy.
Nikkei shifts high as AUD yoyos on Australian GDP data
Australian Q1 GDP came in ahead of expectations as net exports shot up. However, underlying data shows the economy is still weak seeing the AUD popping on the data before returning pre-data levels. The comments in this video are intended by IG Asia Pte Ltd for general circulation. It does not take into account the specific investment objectives, financial situation or particular needs of any particular person. You should take into account your specific investment objectives, financial situation or particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. Please also read our research disclaimer at http://www.ig.com/sg/research-disclaimer.
Views: 133 IG Singapore
5g - The economics of the Australian mining boom
We use our economic analysis to make predictions about Australia's mining boom (from 2004 - 2014). We then compare the predictions from simple theory with what actually happened.
Views: 2736 stephen king
Australia's Surging Economy Due To Mining Boom - Growing Faster Than The Rest Of The World
Some call it the miracle economy. Once again Australia has managed to prove forecasters and sceptics wrong. Construction for the mining boom has helped the economy grow in the first quarter of the year at a rate nearly twice as strong as most had suspected. ABC News, Queensland 06 June 2012
Views: 1064 Jason Active
General Skilled Migration(GSM) - Australia
This is my ice breaker speech at ToastMasters, on General Skilled Migration(GSM). This is on what's in it for the Immigration Nation to invite around 200,000 migrants every year. The inter-generational report is discussed in here. This is an analysis on how GSM boosts the Australian Economy, GSM's contribution to Australia's GDP, GSM as a remedy to aging population problem in Australia, GSM, Net Overseas Migration (NOM) levels, Permanent Residents (PR) stats, Skilled Visa and Family Visa numbers. Transcript: Narration (Intro): Last 2 years, around 200 K people got PR in Australia. They made Australia colourful, they are still making it colourful, singing dancing and considering it as their second home. They had their reasons to come to Australia and Australia has its reasons too. I had a chance to speak in a local public speaking club on GSM - genera skilled migration and what’s in it for the immigration nation. Speech Transcript: We are one…. We are many and from all the lands on earth we come. We share a dream and sing with one voice… I am , You are , We are Australians. Fellow Toast masters and my dear guests, this is Sujith Billa and today I am going to talk about GSM- General Skilled Migration. General Skilled Migration definitely contributes to the GDP growth in Australia. This is not me saying it but but this is what the Australian Bureau of Statistics says. that . If you look at the numbers from 2014 - 15 from the department of Immigration and Border Protection, 190,000 migrants have come to Australia. Out of them 68% are skilled and 32% are family stream. Can I say that the family stream migrants doesn’t come, sit back and watch TV. They eventually join the workforce.So they too contribute to the GDP. Industry wise, if you have a look at that, The mining boom is going down. According to the intergenerational report, in 2050, we are looking at the manufacturing sector and we are looking at other sectors including the IT sector. These migrants contribute, eventually to different sectors as well. If we talk about different visa types, we have got the student visa, we have got the skilled independent visas, we have got the most talked about Visa, the 457 visa , which was an election issue, last elections. These visas contribute to the GDP as well. Starting from TimTams, migrations buy, ….the list goes on up to houses. They make residential investments and then boost the Australian Economy. The problem in Australia today is the ageing population. Again, according to the intergenerational report, there are 3 P’s. one of the P’s is population. This is endorsed by the Australian Parliament and Australian government in Canberra. the foreword is written by the Treasurer. they say that the ageing population in 2050 would be worse and if you compare the migration stats with the ageing population, the more number of migrations we have means the more number of people we have in the workforce. Narration(Conclusion:) We not boost the Australian economy but also provide entertainment as well. Look at this..SITA Garden. the mini India.event 1 in the white night Melbourne 2015. This is GSM- Global Skilled Migration.
Views: 1631 Sujith Talks
Australia Coal Mining Market 2020
Complete report is available @ http://www.rnrmarketresearch.com/coal-mining-in-australia-to-2020-market-report.html . Australia is one of the world's largest producers and exporter of coal with production estimated at 476.5 million tons (Mt) in 2013, further projected to reach 635.9Mt in 2020, representative of a CAGR of 4.4%. Substantial production over the forecast period is likely due to capacity extensions and new projects. Projects such as the China First coal project, the Alpha coal project, the Wandoan project, and the South Galilee project located in the state of Queensland are some of the largest, with capacities of 40Mt, 30Mt, 22Mt and 13.6Mt respectively. The country's abundant and high-quality coal deposits are widely distributed across all the country's states and the Northern Territory.
Views: 38 Ruth weigle
Opportunities & challenges facing the mining sector
Resource stocks have had a terrible ride, and are now trading at the lowest levels relative to the market since the late 1990s, before the start of the commodities super-cycle. We've seen iron ore and coal prices more than half from their peaks seven years ago; platinum miners continue to struggle, with the world's third-largest producer Lonmin recently announcing 3500 planned job cuts at its operations in South Africa. Finweek contributor Moxima Gama is still with me and Finweek editor Jana Marais joins CNBC Africa for more.
Views: 156 CNBCAfrica
#WorkChoices #Abbott ‪#‎WorstPMEver #auspol #AustraliaDay #‎ReadytoFight‬ Visit www.theasterionshow.com
Views: 882 The Asterion Show
February 2015 Economic Update with George Tharenou
Australia could experience an increase in domestic spending and consumption due to a dipping dollar and sub-trend economy. The residual benefits of the mining capital expenditure boom and consistently low interest rates have also contributed to this inward economic focus. A “sting in the tail” regarding Asia’s strong economic growth may well be the issue of having to contend with substantial debt levels as per its Western counterparts. While China’s economic slowdown is evident, it is by no means dire. Meanwhile, India is set to ride a wave of economic strength. US markets are in a holding pattern as they wait to see whether the Fed will raise interest rates. On the whole, there are positive signs for growing consumption and employment in the US. While Europe’s economy contends with legacy issues of fiscal tightening and austerity measures, there are signs of improvement and a potential easing of monetary policy In this Q & A interview, UBS’ senior economist George Tharenou discusses his overall expectations for Australia’s economy, the pros and cons of Asia’s economic growth, and the key influences on the US economic environment and Europe’s economic recovery.
Views: 158 Kaplan Professional
Floods worse on GDP than anticipated
GDP figures set to be released tomorrow are expected to show a plunge in Australian exports due to natural disasters is worse than first thought.
Welcome to Australia- Australia Travel Guide
Some facts about Australia https://www.youtube.com/watch?v=oDagSNXrEFs In land area, Australia is estimated to be 7,692,024 square Kilometers and the sixth largest nation after Russia, Canada, China, the United States of America and Brazil. It has, however, a relatively small population. Australia is the only nation to govern an entire continent and its outlying islands. The mainland is the largest island and the smallest, flattest continent on Earth. It lies between 10° and 39° South latitude. The highest point on the mainland, Mount Kosciuszko, is only 2,228 metres. Australia is the driest inhabited continent on earth. Its interior has one of the lowest rainfalls in the world and about three-quarters of the land is arid or semi-arid. Its fertile areas are well-watered, however, and these are used very effectively to help feed the world. Sheep and cattle graze in dry country, but care must be taken with the soil. Some grazing land became desert when the long cycles that influence rainfall in Australia turned to drought. The Australian federation consists of six States and two Territories. Most inland borders follow lines of longitude and latitude. The largest State, Western Australia, is about the same size as Western Europe. Economy Australia has a developed modern market economy and has had one of the most outstanding economies of the world in recent years with high-growth, low-inflation and low interest rates. Over the past decade, inflation has typically been 2–3% and the base interest rate 5–6%. There is an efficient government sector, a flexible labour market and a very competitive business sector. Since 1992 Australia has averaged greater than 3 per cent economic growth and recorded over 17 consecutive years. This economic stability places Australia in the top echelon of developed countries in terms of sustained rates of growth. The Australian economy is dominated by its service sector, representing 68% of Australian GDP. The agricultural and mining sectors account for 57% of the nation’s exports. With its abundant physical resources, Australia has enjoyed a high standard of living since the nineteenth century. Australia is a major exporter of agricultural products, particularly wheat and wool, minerals such as iron-ore and gold, and energy in the forms of liquified natural gas and coal. It has made a comparatively large investment in social infrastructure, including education, training, health and transport. According to the Reserve Bank of Australia, Australian per capita GDP growth is higher than that of New Zealand, US, Canada and The Netherlands. The past performance of the Australian economy has been heavily influenced by US, Japanese and Chinese economic growth. Immigration Australia’s culturally diverse society includes its Indigenous peoples who arrived more than 50,000 years ago, and settlers from countries all around the world. Immigration is an important feature of Australian society. Since 1945, over six million people from 200 countries have come to Australia as new settlers. Migrants have made a major contribution to shaping modern Australia. People born overseas make up almost one quarter of the total population. The federal government sets immigration intake numbers on a yearly basis. Australia’s immigration policies are non-discriminatory and all applicants to migrate must meet the same selection criteria. In recent years the mandatory detention of unauthorised arrivals with the intention of applying for refugee status (asylum seekers) by boat has generated great levels of controversy. Mandatory detention laws were introduced in Australia by the Keating Labor government, with bipartisan support, in 1992. The legislation was proposed as a result of an influx of Vietnamese, Chinese, and Cambodian refugees over the previous few years.
Views: 2476 Alice Kingsbury
Australian flood toll on GDP doubled
January 12 - RBA board member tells local media floods may shave one percent ($13 billion ) off Australia's GDP, double current estimates.
Views: 52 Photoshopuzr
Gold mining industry
The mining industry has grown our GDP, employed our population and trained our next generation. The gold industry in Western Australia accounts for 68 per cent of Australia's overall gold production, with Australia being the world's second-largest gold producer. Gold is our third-largest mineral export, and in the 2015-16 financial year our gold exports were valued at some $16 billion, with that number likely to increase again this financial year.
Views: 39 Melissa Price MP
Investment update 7 April 2015: Australian Housing
Belinda Allen gives an update on the latest Australian housing data and the implications for the economy.
Views: 32822 Colonial First State
Australian mining boom masked slide in annual wage growth, economists say
Economists say the Australian mining boom has masked a deterioration in wage growth that threatens Australia's economy. Source: http://www.abc.net.au/news/2015-08-13/mining-boom-masks-deterioration-in-wage-growth-economists-say/6696156
Views: 40 John Burns
Economic Growth: United States vs Australia
Tom Eddlem, writer for The New American, gives a contrast between Australia's economy and the United States'. From extensive research, he describes why some economies grow and others don’t due to contributing factors such as national debts, national savings, and GDP. More news at: http://www.thenewamerican.com/ Facebook: http://www.facebook.com/TheNewAmerican Twitter: https://twitter.com/NewAmericanMag
How Powerful Is Australia?
What's The Difference Between Sunni & Shia? http://testu.be/1OFR6Rt » Subscribe to NowThis World: http://go.nowth.is/World_Subscribe Houthi, a Muslim Shia rebel group, recently seized control of the Yemen government through a violent coup. So, who is really instigating this proxy war and what do they want? Learn More: Iranian support seen crucial for Yemen's Houthis http://www.reuters.com/article/2014/12/15/us-yemen-houthis-iran-insight-idUSKBN0JT17A20141215 “Exactly how much support Iran has given the Houthis, who share a Shi'ite ideology, has never been clear. Sunni countries in the Gulf accuse Iran of interference via Shi'ite proxies in the region, something Tehran denies.” Iran-Saudi proxy war in Yemen explodes into region-wide crisis http://www.theguardian.com/world/2015/mar/26/iran-saudi-proxy-war-yemen-crisis “What has until now been an unacknowledged proxy war between Iran and Saudi Arabia, the two great powers of the Middle East, has now burst into an open confrontation that appears to be escalating rapidly as other countries and players are sucked in. The primary Saudi aim is to pacify Yemen, but its wider objective is to send a powerful message to Iran: stop meddling in Arab affairs.” Saudi Arabia bombs Yemen, launches coalition op against Houthi rebels http://rt.com/news/244117-saudi-arabia-bombs-yemen-houthis/ “Saudi Arabian forces, joined by nine other countries, have launched a military operation in Yemen against Shiite Houthi rebels, the Saudi ambassador to the US said. The offensive, which started with airstrikes, will also involve “‘other military assets.’” Watch More: What's the Difference Between Sunni and Shia Muslims? https://www.youtube.com/watch?v=5KLvjs7Yrtw _________________________ NowThis World is dedicated to bringing you topical explainers about the world around you. Each week we’ll be exploring current stories in international news, by examining the facts, providing historical context, and outlining the key players involved. We’ll also highlight powerful countries, ideologies, influential leaders, and ongoing global conflicts that are shaping the current landscape of the international community across the globe today. More from NowThis: » Subscribe to NowThis News: http://go.nowth.is/News_Subscribe » Like NowThis World on Facebook: https://go.nowth.is/World_Facebook » Connect with Judah: Follow @judah_robinson on Twitter – Facebook: http://go.nowth.is/LikeJudah » Connect with Versha: Follow @versharma on Twitter – Facebook: http://go.nowth.is/LikeVersha http://www.youtube.com/nowthisworld Special thanks to Evan Puschak for hosting TestTube! Check Evan out on Twitter: https://twitter.com/TheeNerdwriter/media
Views: 1716203 NowThis World
The Australian Economy
The Australian Economy - the transition from the mining and construction boom - what will fill that void next? What is the impact of the Aussie Dollar? What is the RBA thinking?
GDP Data Projection
Gross Domestic Product (GDP) is a fundamental statistic used to evaluate the strength of a countries economy. Given the importance of this statistic for policy makers and stakeholders, it is amazing how little individuals know about its measurement and interpretation. Our App, GDP Data Projection seeks to help explain Australia’s GDP statistics by presenting a visual display of Australia’s national GDP and a state-by-state dissection across 24 years of quarterly data.
Views: 55 UppyCSGO
AUD falls as RBA stands pat on monetary policy
Yesterday, traders resumed long positions on the US dollar. The greenback aroused bulls’ interest in light of the upbeat report on the US manufacturing sector survey. Amid the increasing demand for the US dollar, commodity currencies were showing strong resilience supported by the bullish sentiment in commodity markets. So, the Australian dollar nearly approached the resistance level at 0.7690, though it failed to break it out and strengthen the bullish trend. Demand for the aussie fell sharply after the Reserve Bank of Australia announced its monetary policy decisions. At the monthly meeting, Australia’s central bank decided to leave the cash rate unchanged at a record low of 1.50% as widely expected. The market was alert to the statement following the October monetary policy meeting as it was the first meeting chaired by Phillipe Lowe, the new governor. The statement revealed more positive message than previously. The board noted good adaptability of Australia’s economy to changing conditions. Steady GDP growth was not hampered by a long slump in mining investment as the mining industry is the key economic sector. Australia's biggest-ever boom in apartment-building has helped support economic activity. Building permits surged 10.1% in August in annual terms, the strongest print for the recent 10 months. Nevertheless, obvious risks to the economic stability remain the same, in particular low inflation and the overvalued national currency. https://www.instaforex.com
Views: 143 InstaForex
Investment Update 16.06.13 Australian economic growth
Stephen Halmarick, Head of Economic and Market Research for Colonial First State provides a look at the latest economic growth and GDP data and the impacts on the economy.
Five charts that show why Australia is facing financial MELTDOWN
Five charts that show why Australia is facing financial MELTDOWN UNEMPLOYMENT in Australia is rising and economic growth is slowing with experts fearing the country is about to go through a significant downturn. Resource-rich Australia has benefited hugely from the exponential growth in China's economy in recent years, by supplying the raw materials that has powered the Asian boom. In line with the rise in supplying China, Australia switched from an economy making its own goods to one that digs materials out of the ground. Mining as a percentage of Australian GDP has jumped to 8.6 per cent, while manufacturing has steadily dropped. But now the colossal Chinese economy is slowing down and, as Australia's top export destination, the abating is expected to have a big impact. http://www.express.co.uk/finance/city/596839/Charts-that-show-Australian-economy-is-in-financial-trouble
Views: 65 Megiston
How will the third phase of the mining boom affect the Australian dollar?
Our Weekly updates with Sky News Business Australia - a review of key issues, opportunities and actions for Australian business importing, exporting or trading with Asia.
Views: 151 ANZ Australia
G20 YEA Welcome to Australia
Global structural unemployment is a crisis that disproportionately impacts youth. Youth unemployment in the US and Canada is equivalent to 0.6% of GDP, and over the next 18 years as a result of scarring (lost future earnings due to current unemployment) lost GDP will be 1.3%[1]. In 2014, B20 Australia has presented that the economic opportunity in Europe's unemployed youth is a potential value of €153 billion per annum, or 1.2% of European GDP[2]. The promotion of youth employment and entrepreneurship is a significant factor in increasing medium to long term trend growth, productivity, reducing social risks and improving the return on investment in education by reducing skills mismatch. The G20 Young Entrepreneurs Alliance (G20 YEA) is a collective of leading entrepreneurship NGOs representing over 500,000 entrepreneurs across G20 countries and the European Union. The YEA members have already created an estimated 10 million jobs. G20 YEA is building on partnerships and collaboration with governmental, business and civil society stakeholders such as the OECD, ILO and UN Millennium Campaign, B20, Y20, EY, Accenture and all official G20 engagement groups. In 2014 over 400 young entrepreneurs and leaders from all G20 countries and 14 observer nations, selected to represent the voice of the world's future business leaders, attended the G20 YEA Summit in Sydney from 18th July. The 2014 G20 YEA Summit built upon the dialogue between young entrepreneurs that began in Italy (at the G8), and continued at the G20 YEA Summits in Canada, France, Mexico and Russia, resulting in the G20's recognition of the need for a special focus on youth entrepreneurship in the B20 communiqué and the 2013 G20 leaders declaration. The Australian G20 YEA Summit aims to ensure that the ideas of young entrepreneurs adopted by G20 leaders in 2013 will not remain merely a statement, and that the world will witness concrete actions taken towards their institutionalisation. Investment in small and medium enterprises (SMEs) and young entrepreneurs is essential for the G20 countries to achieve the additional 2% increase in global GDP agreed in the Finance Minister's declaration of February 2014, under Australia's 2014 G20 chair.
Mining Industry - Make in India
Mining Industry In INDIA - 88 minerals are mined in india of wich 4 are fuel related. - 2nd largest steel producer by 2015 - 100% FDI permitted - 20-30 year minning leases - 302 billion tonnes of coal reserves - 3108 operational mines - 6th largest bauxite reserves - 5th largest iron ore reserves Crescendo Worldwide is an International Trade Generating Organization, supporting global companies to expand business under MAKE IN INDIA. Visit us at www.crescendoworldwide.org
How to increase Australia's economic growth: explained
What are the benefits of investing in the Australian manufacturing industry? Increasing our economic growth. Find out more at http://www.makeaustralia.org.au
Views: 2024 Make Australia
Australian Economy Boosted By Annual Growth Rate of 4%
The Australian economy is defying doom and gloom forecasts with its best performance since the GFC. Our annual growth rate surged to more than 4%. 06 June 2012 Ten News, Queensland
Views: 64 Jason Active
Australia's economy accelerates in Q4
The pace of economic growth in Australia topped the analysts' expectations in the fourth quarter. According to the RBA consumers spent more and saved less for the last three months of the last year. Thus, the growth of consumer spending supported domestic market. Compared with the third quarter, Australia's GDP advanced 0.8%, while it gained 2.8% on year. The experts anticipated the indicator to add 2.5%. The Australian economy shows a more sustainable recovery. From October to December the quarrying sector, rental, hiring, and real estate services contributed equally to the GDP growth. Exports volumes and capital investment of the public sector increased, whereas private investments decreased. The Australian dollar rose on the news 40 points against its U.S. peer to 89.97 U.S. cents. However, the Aussie failed to retain its positions and retreated to the level of 89.55 cents. The local unit added 0.11% since the beginning of the day. Notwithstanding better GDP figures, the pace of economic growth remains below the potential level of 3%. The reason behind it is the slowdown in country's mining due to fewer investments. Nevertheless, the RBA expects stronger GDP growth this year and further weakening of the Australian dollar.
Views: 44 fx teknikal
Bruce Cooper discusses why we remain an attractive global destination for foreign investment
The outlook for Australia and its economy is optimistic, with a strong pipeline of opportunities for inbound investment. But if you're an overseas investor, or an international law firm with clients transacting in Australia, you can only take advantage of those opportunities when you know the State of Play in Australia: the key market trends and latest developments in foreign investment, regulation, restructuring and disputes. To learn more about the state of play of the Australian market: https://www.claytonutz.com/about/international-services/australian-market-the-state-of-play ._________________________________________________ You can also find this video on our website https://www.claytonutz.com/knowledge/video/bruce-cooper-discusses-why-we-remain-an-attractive-global-destination-for-foreign-investment See more videos from Clayton Utz here https://www.claytonutz.com/videohub/ Follow us on Social Media https://www.linkedin.com/company/clayton-utz https://twitter.com/claytonutz Transcript The current landscape for a business in Australia is remarkably optimistic. We don't expect to see a great deal of deviation from it which we've seen in the past, so accordingly mining, mining infrastructure and mining investment will continue to be a catalyst for inbound investment. But we also think that in the energy space, renewal energy (particularly solar and wind and, to a lesser extent, certainly hydro and battery storage) will continue to be a driver in that area as well. Australia's position as one of the top 10 producers of agricultural products will continue to drive growth. Protein ‒ both meat and fish ‒ as well as grain and other horticultural products will be very large on the horizon for inbound investment. In that respect, watch out for the development of the Northern Territory and the Australian Government's and the Northern Territory Government's push into agriculture in that state. Australia of course continues to be a major tourism destination but the differential between the number of tourists inbound and hotel rooms means that there's a significant amount of leisure property investment which we'll see driving parts of certainly the East Coast and the West Coast of Australia to cater for that inbound leisure and tourism development. Australia's financial institution and its financial system is one of the Asia-Pacific's largest. You'll see a number of big Australian financial institutions continue to analyse exactly what its core propositions are and you'll see some Aussie financial institutions start to divest some non-core assets. Australia's superannuation and funds under management industry, which is currently standing at about $2.1 trillion, is slated over the next 15 years to grow to around about $7.5 trillion. Coming out of that you'll see significant opportunities as Australian fund managers look for investment opportunities, both at home but more importantly on income-producing assets abroad. So looking forward, we'll continue to see active balance sheet management by large Australian companies and the 22,000 foreign entities that are operating in Australia. We'll see an expectation of a 75% to 80% level of the Australian dollar against the US dollar continue to throw up opportunities, both greenfield and brownfield, in sectors we talked about previously. Given Australia's relatively benign foreign investment regime, and given the pipeline of extensive opportunities across the sectors we've talked about, Australia still remains one of the more attractive global destinations for foreign investment.
Views: 352 Clayton Utz
[Wikipedia] Economy of Queensland
If you want to support this channel and help me improve, please become one of my Patreon - https://www.patreon.com/user?u=3823907 The economy of Queensland was one of the fastest growing economies within Australia, with growth outstripping that of the wider Australian economy in every financial year between 1995–96 and 2007–08. In 2009, the global financial crisis slowed Queensland's economic growth. A downturn in tourism, low housing construction starts and the cancellation of a number of mining projects is hampering Queensland's economic growth. The state's low growth figure of 0.2% in 2010-11 was due to the impact of widespread flooding and Cyclone Yasi affecting agricultural production and exports of commodities, particularly coal.Queensland generated 19.5% of Australia's gross domestic product in the 2008-09 financial year. The economy is primarily built upon mining, agriculture, tourism and financial services. Queensland's main exports are coal, metals, meat and sugar.Western Australia and Queensland are often referred to as the "resource states" because their economies are currently dependent on exports of resources such as coal, iron ore and natural gas. However, of the two states, Queensland has a more diversified base. In 2006, exports from Queensland totaled A$49.4 billion. By 2009 this figure had grown to A$65.5 billion. https://en.wikipedia.org/wiki/Economy_of_Queensland
Views: 14 WikiTubia
Investment update 21 April 2015: Australian Employment
Stephen Halmarick, Head of Investment Markets Research for Colonial First State gives an update on the latest employment data and implications for interest rates and the economy.
Views: 11051 Colonial First State
14e: the (sad) economics of a mining boom
Mining booms follow a simple and predictable pattern. We use the iron ore boom of the 2000s to illustrate how the perfectly competitive market model can predict the path of a boom.
Views: 2345 stephen king
World Economic Forum's Mining & Metals Scenarios to 2030
http://www.weforum.org 16.02.2010 This video presents the scenario development process and scenario stories for the World Economic Forum's 'Mining and Metals to 2030' project.
Views: 3975 World Economic Forum
Environmental Issues and Ethics in Australia
Views: 1959 Cait McCarry
WA to reap rewards of $8.6b mining boom, but expert warns of bust to follow
WA to reap rewards of $8.6b mining boom, but expert warns of bust to follow Updated June 15, 2018 14:25:16 WA is set to reap the benefits of an $8.6 billion mining construction boom after a new major project was announced today by BHP, but there are fears of a bust to come when construction of three simultaneous projects finishes. The mining giant today revealed the constru...
Views: 51 3chtvk
Investment Update 26.08.12 - European GDP Growth, Colonial First State
Stephen Halmarick discusses the European economic growth and the North-South divide. Australian market update provided by Stephen Halmarick, Head of Investment Markets Research for Colonial First State.
Views: 4313 Colonial First State
Investor Signposts: Week starting 19 Apr 15 – Aussie inflation in focus
In Australia inflation will dominate the calendar, while the Reserve Bank will hopefully provide us with more insight on interest rates with the release of the Board minutes. Visit CommSec http://www.commsec.com.au Follow Us On Twitter http://www.twitter.com/commsec Subscribe to CommSecTV http://youtube.com/subscription_center?add_user=commsectv Discuss the market in the CommSec Community. Log into your CommSec account, click on Community and Join In.
Views: 233 CommSecTV
How Australia responded to the GFC & Lehman Brothers collapse ten years ago
14/09/2018 The Rudd Government guaranteed bank deposits and initiated a stimulus of $52b on infrastructure, small business tax breaks and cash handouts.
Views: 263 Qldaah
Australian economic outlook: China's slowing growth
Slower Chinese growth could result in further policy action from Chinese authorities, according to our Australian Head of Economic Research, James McIntyre. The economic transition and slower growth rate has spillover effects into other economies and has contributed to a downgrade in the global growth outlook.
Views: 346 Macquarie Group

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