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Future Economic Trends In Australia

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Future Economic Trends In Australia
There are five future economic trends, which could give Australian companies an almost endless marketplace.

1. The Aging Population: Australia’s population is not growing, it’s also getting older. Over the past three decades, the economy has benefited from the larger population and its growing share of people who are of working age. The population is expected to continue to grow but the relative share of the population which is of working age-the labour force is expected to shrink.

2. Emerging Asia: The Rapid increase in income and expanding population in Asia are big themes in the global economy and they will have a big effect on Australia. It is expected that in the Asian population would have significant effect on Australia.

3. The Rising
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