A deficit in the current account on the balance of payments has become a usual part of Australia’s economic landscape, deficits having been recorded for all but four of the last fifty five years. However, there are two features of the current account deficit (CAD) in 2004-05 which are not usual - first, quarterly CAD has exceeded 7 per cent for the first time, and second, the household sector has been the primary driver of the deficit. Does a current account deficit that has exceeded 7 per cent of GDP indicate that there are structural problems in the economy? Should policy makers be concerned about that level of CAD and what could they do about it? Should they be concerned about the rise of household debt which has driven the CAD? Wh...
The ability of both households and governments to increase savings and manage debt has been an ongoi...
The continuous soaring upward of household indebtness in the Australia has become a worry to the gen...
The current account deficit in the balance of payments has frequently surfaced in public policy deba...
A deficit in the current account on the balance of payments has become a usual part of Australia\u27...
Large and persistent current account deficits are frequently raised as a cause for concern for a num...
The Australian Trade Deficit (TD) has been increasing in the past 50 years, and this deficit has bec...
This article looks at Australia’s current account deficits in light of concerns about the role of ex...
This paper documents the clear change of view, which has taken place in Australia over the past thre...
The Australian Trade Deficit (TD) has been increasing in the past 50 years, and this deficit has bec...
This paper compares the evolution of the Australian current account balance over the period 1954–94 ...
ustralia’s current account deficit approached seven per cent of GDP in 2004-05, one of its highest e...
This article argues that Australia's savings behaviour relative to its investment opportunities ensu...
The article focuses on the economic condition of Australia. The country has experienced a change of ...
This article puts forward the view that there are considerable benefits to be gained from foreign bo...
Global current account imbalances are increasing rather than de-creasing. The U.S. current account d...
The ability of both households and governments to increase savings and manage debt has been an ongoi...
The continuous soaring upward of household indebtness in the Australia has become a worry to the gen...
The current account deficit in the balance of payments has frequently surfaced in public policy deba...
A deficit in the current account on the balance of payments has become a usual part of Australia\u27...
Large and persistent current account deficits are frequently raised as a cause for concern for a num...
The Australian Trade Deficit (TD) has been increasing in the past 50 years, and this deficit has bec...
This article looks at Australia’s current account deficits in light of concerns about the role of ex...
This paper documents the clear change of view, which has taken place in Australia over the past thre...
The Australian Trade Deficit (TD) has been increasing in the past 50 years, and this deficit has bec...
This paper compares the evolution of the Australian current account balance over the period 1954–94 ...
ustralia’s current account deficit approached seven per cent of GDP in 2004-05, one of its highest e...
This article argues that Australia's savings behaviour relative to its investment opportunities ensu...
The article focuses on the economic condition of Australia. The country has experienced a change of ...
This article puts forward the view that there are considerable benefits to be gained from foreign bo...
Global current account imbalances are increasing rather than de-creasing. The U.S. current account d...
The ability of both households and governments to increase savings and manage debt has been an ongoi...
The continuous soaring upward of household indebtness in the Australia has become a worry to the gen...
The current account deficit in the balance of payments has frequently surfaced in public policy deba...
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