average rate of 3.5% and has not experienced an economic downturn since 1990/91. This success is largely due to the significant microeconomic reforms in the 1980’s as well as the resources boom and high levels of consumer confidence have left the Australian economy in a strong position. Levels of economic following the prolonged period of growth in 2007/08 were at 3.8%‚ levels of growth‚ this fell to 1.6% during the 2008/09 financial year as a result of the Global financial crisis and the subsequent
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The Australian Exchange Rate By: Dontae Smith Introduction: What factors affect the demand and supply of Australian dollars in the foreign exchange markets? Distinguish between the possible causes and effects of currency depreciation and a currency appreciation on the Australian economy. What forces have come into play‚ if any‚ in the past four months that have affected the value of the Australian dollar? Exchange Rate: "The rate at which one unit of domestic currency is exchanged for a given
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interpretation of the Australian colonies is that‚ it was a period of harsh and brutal forced labor‚ where convicts were treated as human commodities and labor was extracted by punishment. Convicts were subjected to various types of reprimands such as shortened rations‚ leg-irons‚ being placed on treadmills‚ head shavings‚ floggings‚ execution and forced transportation to penal stations‚ which was a place of secondary punishment. These punishments meted out in the Australian colonies came in various
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Pros and Cons of an appreciation in Australian dollar In the recent days‚ Australian dollar has witnesses a significant appreciation and keeps strong. To put in a simple way‚ appreciation of Australian dollar‚ for our ordinary consumer‚ means we can buy more goods than before using the same amount of money. This is caused by an increase of purchase power of Australian dollar. As for choices of consumers‚ foreign goods are especially welcomed for the simple reason that they become relatively cheaper
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are basic R&D‚ directed R&D‚ connections and capacity and commercialization and adoption. The basic R&D is funding for some Public Research Organizations (PROs) and Primarily Universities and the Commonwealth Scientific and Industry Research Organization (CRIRO). The Australian government spent $48 billion on basic R&D and S44 billion was used by PROs. The directed R&D is founding for some research questions which were specified by the government. Only $10 billion was used for directed R&D and $9billion
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procedure were applied to the production of iron to improve the way iron was manufactured. On a large scale‚
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Australian Paper Manufacturers Introduction Australian Paper Manufacturers (APM) and Paper Company of Australia (PCA) were subsidiaries of the major Australian Corporations during 1986. APM specialized in producing paper packaging whereas PCA produced fine paper. Production activities were performed using chemical processes. The case mainly discusses how APM and PCA faced with environmental issues concerning the spilling of toxic chemicals produced by these chemical transformation processes.
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Australia Hypothesis: That there have to be stricter laws and regulations about illegally importing and exporting Australian and foreign wildlife‚ and these laws have to be more strongly enforced. Additionally‚ there should be stronger penalties for those caught illegally smuggling animals across the Australian border. There should be more intense investigations into the black market and illegal smuggling. Are the fines enough compared to the amount the people selling these animals enough in comparison
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Iron Curtain Speech Journal Assignment 1. What type of document is this? In other words‚ in what genre is the text written? This type of document is a speech delivered by Winston Churchill in 1946. 2. Trace the genealogy of this speech. From where did this document come‚ when was the original written‚ and do any other versions survive? On March 5th‚ 1946‚ former British Prime Minister Winston Churchill delivered a speech at Westminster College in Fulton Missouri known as the “Iron
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impact the development of an industry. These factors can by categorized as Political‚ Economic‚ Social‚ Technological‚ Environmental and Legal (PESTEL). Economic‚ legal and environmental factors are closely tied up and mostly controlled by the political factors. Political factors mainly refer to intervention of the government in the economy via introduction and amendments of various new policies and laws. The purpose of this essay is to explain how the mining industry faces an uncertain future in
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