StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Market Report on Australia - Essay Example

Cite this document
Summary
Market Report on Australia Table of Contents 1. Summary 3 2. Economic prospects 4 2.1 Recent developments and the present situation 4 2.2 Economic growth prospects 5 2.2. 1. GDP 5 2.2.2. Consumer spending 6 2.2.3. Investment 6 2.2.4. Exports 7 2.3. Outlook for inflation 8 2.4…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER92.4% of users find it useful
Market Report on Australia
Read Text Preview

Extract of sample "Market Report on Australia"

Download file to see previous pages

Vast resource endowment and strong export sector allows the economy to be one of the influential participants in international trade. After the occurrence of the global financial crisis, all financial activities within the economy are strictly supervised that eliminates any chance of unscrupulous financial transaction. However, there are risks associated with this economy due to the easy monetary and fiscal policy implementations. This paper presents a study on the economic prospects of Australia and their effects on the country’s financial market. 2. Economic prospects 2.

1 Recent developments and the present situation Australia is the 13th largest economies in the world in terms of GDP measure. In the Asia Pacific region the country ranks third in terms of GDP after China and Japan. Australia boasts of having one of the most robust national political frameworks among the developed countries in the world. Over the last five decades, the country has developed strong economic institutions in the world and has a very competitive business sector operating internationally.

Recently Australia has been recognised as a continent with a wide reserve of natural resources and it is currently enjoying the position of one of the largest supplier of natural resources and raw materials in the world, such as, coal and iron ore. Steady economic growth in the continent has been aided by this resource boom. Trade in such abundant resource sector accounts for approximately 9.6 per cent of the total economy of Australia. The remainder of the economy is comprised of the construction sector (7.7%), manufacturing sector (9.1%), and financial services sector (11.0%). This distribution depicts that the major sectors in the equity market in Australia are financial services sector with 32% share and natural resources sector with 31% share (Treasury, 2012).

At present Australia enjoys a concrete positive international standing. The largest trade partners of the continent are the United States, Japan and China. Although China is still a developing economy, it is one of the fastest growing economies of the world and competes strongly with the other developed nations. The countries that make the largest amount of investment in Australia are the United Kingdom and the United States. These two countries are also the leading capital markets in the world.

The financial services industry in Australian is well developed and highly-regarded due to its innovativeness. This stems from the fact that the country has one of the world’s most developed capital market. According to the data published by the World Economic Forum, Australia ranks 5th among the countries having most modern financial systems and advanced capital markets in the world. Currently Australia’s equity market has A$1.2 trillion market capitalization (on the basis of free-float market capitalization).

On a daily basis, the average secondary trading extends upto A$5 billion in a normal day. The Australian dollar is one of the most traded currencies in the international market. This shows that the country’s foreign exchange market is quite strong and has high global turnover in this market. 2.2 Economic growth prospects The economy of Australia has experienced high and uninterrupted rate of economic growth over the period of the past ten years. This growth rate has been facilitated by a number of factors, such as, low level of inflation, low unemployment rate, significantly low public debt and most importantly stability in the

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Market Report on Australia Essay Example | Topics and Well Written Essays - 2000 words”, n.d.)
Market Report on Australia Essay Example | Topics and Well Written Essays - 2000 words. Retrieved from https://studentshare.org/finance-accounting/1484092-market-report-on-australia
(Market Report on Australia Essay Example | Topics and Well Written Essays - 2000 Words)
Market Report on Australia Essay Example | Topics and Well Written Essays - 2000 Words. https://studentshare.org/finance-accounting/1484092-market-report-on-australia.
“Market Report on Australia Essay Example | Topics and Well Written Essays - 2000 Words”, n.d. https://studentshare.org/finance-accounting/1484092-market-report-on-australia.
  • Cited: 0 times

CHECK THESE SAMPLES OF Market Report on Australia

Sharing of Data across Government Agencies

hellip; The case by case study of australia, the United Kingdom,  and the United States of America have seen that the countries have incorporated an official framework for data sharing practices across their agencies.... This report "Sharing of Data across Government Agencies" discusses the present state of data sharing practice across government agencies, describing how the public sector deals with the issue of data ownership and sharing....
12 Pages (3000 words) Report

Telecommunication Infrastructures in Australia 2001

This report "Telecommunication Infrastructures in australia 2001" discusses the advantage that South Korea and Japan have been able to reach due to the usage of fiber optic technology and it has been seen that countries like Singapore have been planning to pump large financial amounts.... (Telecommunication Infrastructures in australia 2001) The electrical signal would be converted to light and released through the fibre and the light would be bouncing through the inner silica shield that would be named cladding....
8 Pages (2000 words) Report

Success of Boys and Girls in the Australian Schools

ducational AttainmentIn education institutions in australia before the 1980s, there were favorable learning outcomes for boys than girls.... This report "Success of Boys and Girls in the Australian Schools" discusses the Australian government that has managed to introduce an initiative and set aside some amount of funds to support schools improve education....
12 Pages (3000 words) Report

Guided Learning at Work

  Types of Learning The Australian Technical and Further Education (TAFE) system is among the most reputed training institution in australia, offering esteemed skills and certification for those who want to enter the job industry or seek higher education elsewhere (TAFE, 2010).... Currently, TAFE australia has 8 distinct colleges at TAFE Queensland, TAFE NSW, TAFE Victoria, TAFE Tasmania, TAFE South australia, TAFE Western australia, and TAFE Australian Capital Territory (TAFE, 2010)....
12 Pages (3000 words) Report

The Effect of VET on the Changing Nature of Employment

hanges in VET practitioners' environmentThe changing nature of employment in australia has been a result of the increasing diversity of the client base.... This is characterized by changes in employment, places of work, team structures, and work roles; change in expansion of options and products for training delivery; increasing demand, globalization, and competition in the training market....
10 Pages (2500 words) Report

Educational Inequity in Australia

… The paper "Educational Inequity in australia"  is a wonderful example of a report on education.... There has been persistent inequity in the education sector within australia for long.... The paper "Educational Inequity in australia"  is a wonderful example of a report on education.... There has been persistent inequity in the education sector within australia for long.... However, various policies instituted have not been able to address inequity in education between people dwelling in rural and urban areas of australia and between groups with poor socioeconomic backgrounds and those with medium and higher socioeconomic backgrounds....
8 Pages (2000 words) Report

The Theories of Tourism and Gastronomy

This report "The Theories of Tourism and Gastronomy" discusses australia that provides unique tourist destinations.... australia has multiple tourist destinations that attract both local and international tourists.... Queen Victoria market is also an important tourist destination that satisfies the needs of gastronomic tourists.... The availability of a variety of food and drinks in the market plays an essential role in enabling the tourists to sample the Australian cuisines....
8 Pages (2000 words) Report

Introduction to Autoclaving in Bricks

This paper ''Autoclave Bricks'' tells that According to (Du et al,2014, p.... 95) autoclaving is the process of sterilizing equipment and supplies using high pressure that is undersaturation in 250F and above an equivalent of 121 degrees centigrade and above for approximately fifteen to twenty minutes....
16 Pages (4000 words) Report
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us