The Australian economy has in recent years experienced the longest terms of trade boom in its history. This boom has had important macroeconomic outcomes – such as an elevated real exchange rate, large-scale investment in the resources sector and higher national income. The terms of trade have declined since their peak in September 2011 and are expected to ease further in coming years. This article draws extensively on Atkin et al (2014) and compares recent macroeconomic developments to those that occurred historically around major peaks in the terms of trade, while also highlighting key differences in the nature of the current cycle and the macroeconomic policy framework compared with those in the past
The current notion rampant throughout the world today is that the worst of the Global Financial Cris...
The Australian Trade Deficit (TD) has been increasing in the past 50 years, and this deficit has bec...
Australia is experiencing its largest mining boom for more than a century and a half. This paper exp...
This paper analyses the current state and trends in Australia’s foreign economic relatio...
This paper examines factors that have contributed to economic growth in Australia. During the last d...
The Reserve Bank has identified a number of major influences on the Australian economy at present: ...
After fifteen years of uninterrupted growth, Australia\u27s quiet economic boom shows no signs of en...
'Australia and the global economy' is a timely text which re-examines the importance of internationa...
The transition in the sources of growth away from the mining sector continued in 2015–2016. However,...
In 2010, Australia registered a $16.8 billion trade surplus, with our goods and services exported to...
Australia has experienced frequent and large commodity export price shocks similar to commodity expo...
The article discusses the uncertainties and challenges of the economic condition of Australia in 201...
What does the resources boom mean for the future of the Australian economy? Tom Conley looks at the ...
Australia is experiencing its largest mining boom for more than a century and a half. This paper exp...
Australia has experienced frequent and large commodity export price shocks like Third World commodit...
The current notion rampant throughout the world today is that the worst of the Global Financial Cris...
The Australian Trade Deficit (TD) has been increasing in the past 50 years, and this deficit has bec...
Australia is experiencing its largest mining boom for more than a century and a half. This paper exp...
This paper analyses the current state and trends in Australia’s foreign economic relatio...
This paper examines factors that have contributed to economic growth in Australia. During the last d...
The Reserve Bank has identified a number of major influences on the Australian economy at present: ...
After fifteen years of uninterrupted growth, Australia\u27s quiet economic boom shows no signs of en...
'Australia and the global economy' is a timely text which re-examines the importance of internationa...
The transition in the sources of growth away from the mining sector continued in 2015–2016. However,...
In 2010, Australia registered a $16.8 billion trade surplus, with our goods and services exported to...
Australia has experienced frequent and large commodity export price shocks similar to commodity expo...
The article discusses the uncertainties and challenges of the economic condition of Australia in 201...
What does the resources boom mean for the future of the Australian economy? Tom Conley looks at the ...
Australia is experiencing its largest mining boom for more than a century and a half. This paper exp...
Australia has experienced frequent and large commodity export price shocks like Third World commodit...
The current notion rampant throughout the world today is that the worst of the Global Financial Cris...
The Australian Trade Deficit (TD) has been increasing in the past 50 years, and this deficit has bec...
Australia is experiencing its largest mining boom for more than a century and a half. This paper exp...