The Australian economy, so long viewed as a one of the great success stories of the developed world, is struggling and things look likely to get a lot worse as it faces fast deteriorating terms of trade, the slowdown of its mining and gas investment boom and the prospect of government fiscal problems.
Whose Side is the Reserve Bank of Australia on
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Whose Side is the Reserve Bank of Australia on
The Australian economy, so long viewed as a one of the great success stories of the developed world, is struggling and things look likely to get a lot worse as it faces fast deteriorating terms of trade, the slowdown of its mining and gas investment boom and the prospect of government fiscal problems.