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

Economics for Business: The Australian Government and Reserve Bank - Term Paper Example

Comments (0) Cite this document
Summary
The paper seeks to examine the performance of the Australian government and Reserve Bank of Australia in the past two with emphasis on their macroeconomic policies. The main purpose of the Australian Reserve Bank is to “conduct monetary policy,” maintaining a strong economic system…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER94.5% of users find it useful
Economics for Business: The Australian Government and Reserve Bank
Read Text Preview

Extract of sample "Economics for Business: The Australian Government and Reserve Bank"

Download file to see previous pages The time when most of the major powers like UK and USA were suffering due to the recession, the Australian economy was growing at a rate of 0.4pc in the first quarter of 2009 according to the Australian Board of Statistics. There was even a rise in its GDP. Source: Keep Australian Government The only thing that might put the Australian economy at the backseat was the growing rate of unemployment and it needed immediate attention (Malkin, 2009). Thus when the Labor Party came into power it was expected from them to design their policies in such a way so as to bring more improvements for the economy and also reduce the rate of unemployment. In the department of health, the Gillard Government had signed a number of health reforms with all the States and Territories in order to secure the health of the Australians in the future. This agreement will be a boon for the economy as it will provide the funds required for the public hospitals, one can expect greater levels of “transparency and accountability” and less waiting for the patients. As a result of the above health reforms, one can see that hospital funding has increased by over 50 percent. Around $ 1.5 billion have been injected in the emergency departments. Plans for the aged section of the population have increased by 10,000. In order to ensure the availability of medical facilities in the rural areas incentives and bonuses are being given to the doctors (Health Reform, n.d). Though the health reforms were meant for the whole economy yet it lacked a “common architecture binding policy” attitude. Increasing health care costs have proved to be a factor responsible for lack of health care facilities among the indigenous Australians. Apart from that, there has been a problem of lack of coordination and content (Gillespie, 2011).   ...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Economics for Business: The Australian Government and Reserve Bank Term Paper, n.d.)
Economics for Business: The Australian Government and Reserve Bank Term Paper. Retrieved from https://studentshare.org/macro-microeconomics/1434985-economics-for-business-the-assignment-you-are
(Economics for Business: The Australian Government and Reserve Bank Term Paper)
Economics for Business: The Australian Government and Reserve Bank Term Paper. https://studentshare.org/macro-microeconomics/1434985-economics-for-business-the-assignment-you-are.
“Economics for Business: The Australian Government and Reserve Bank Term Paper”, n.d. https://studentshare.org/macro-microeconomics/1434985-economics-for-business-the-assignment-you-are.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Economics for Business: The Australian Government and Reserve Bank

Managing Emerging Technologies: The World Bank Group

information Technology helps the businesses in cutting costs and creating value to the organization as a whole, by minimizing the digital divide. This helps in developing new and effective business processes as well as in making value propositions especially in the new and modern corporate world whose business network is spread far and wide, such as the World Bank for instance. Information technology plays a vital role in integrating systems and strengthening the strategic ties between service providers and customers, thereby rendering effective services.
The World Bank is involved in various activities providing a wide range of services to several developing and in transition countries across the globe. The bank, owned, fina...
11 Pages (2750 words) Case Study

Internal and External Environmental Analysis for the Bakery Business

Liberalization of foreign investment and technology policy of the government is supportive of establishing industrial units in the country.

Threat: The UK food regulatory authority is planning to enforce the EC Regulations relating to food labeling. The labeling requirements under the new regulations will affect the food industry as the suppliers will be legally obliged to disclose the GM content of foods to the caterers. Thus business firms in the bakery industry also will be effected through the exclusion of flexible manner of labeling arrangements in the case of flour confectionery involving GM Soya or maize. (Genetically modified and novel foods (labeling) (England) regulations, 2000).

Trend: The new subs...
6 Pages (1500 words) Case Study

Evandale's Business Plan

Evandale’s mission would have a strong impact on the company’s later brand development.
When a company determines its mission and its vision, it needed to determine its objectives to accomplish that vision. I did not see the objectives—where the company was heading through in the presentation. A clear objective would have enabled me, as an audience to also picture where the company would want to go and would serve as the benchmark for me to assess the later strategic choices the company would state in the presentation.
According to the slides, the potential demand for caviar and the sturgeon products are “100x” bigger than the current supply. I would have wanted to see a reliable source for...
7 Pages (1750 words) Case Study

The Management, Leadership and Teamwork Competencies Required by a Small Business Owner

On the other hand organizational leadership is defined as the ability based on the specific skill of an individual to lead his/her subordinates in a manner that pre-planned organizational goals could be achieved within the defined time-frame.

According to Burns (1978) and Bass (1985), transformational leadership has a set of category constructs such as values, morals, farsightedness, long term goals, principles, acute awareness about the dividing line between causes and symptoms, mission statements, strategic perspectives, and human resources. Similarly, they identify a set of category constructs in the transactional leadership also. For instance concentration on the task at hand, short term goals and tactics, confusion co...
6 Pages (1500 words) Coursework

Business Etquette for Business Communications Course

Who wants to give a guess? How about you (pointing at someone in the audience), yes, what is your name? Adam? What do you think, Adam – Money, Machines, Management, and Manpower? Why do you think so? And how about you, ma’am (someone else in the audience) – do you agree with him?

I think we are all in agreement: you could have Money, Machines and Management, but without Manpower, you cannot have a business. And unless you have good Manpower working well together, you cannot have a successful business.

Do people work well together naturally? Those of you who are familiar with office politics will say, “Of course not!” You are right: left to themselves, few people work well toget...
7 Pages (1750 words) Speech or Presentation

Which of the Business Objectives Might Best Be Applied to the Southampton Solent University

In other words, there is no explicit reference to the achievement of long term objectives and the people being involved in the business with the express intention of making profits.

In this context, the Southampton Solent University’s existence as a business organization in the strategic business sense would be defined as a clear attempt at continuously engaging in the present and future activities with a view to achieving its long term objectives of which the satisfaction of stakeholders, particularly shareholders, is of paramount importance. Its mission statement is “The pursuit of inclusive and flexible forms of Higher Education which meet the needs of employers and prepare students to succeed in a fast-...
8 Pages (2000 words) Coursework

Evaluation of Performance of a Bank Using Published Accounting Data

The performance of a bank is evaluated because of various reasons. The banks evaluate their performance to find out the outcomes of previous decisions of management. The bank regulators evaluate the performance of the banks to identify the banks, which are facing severe problems. Evaluation using the published data is also needed by shareholders to make decisions such as whether to buy or sell a share of banks. Furthermore, investment analysts advise their prospective investors regarding the selection of banks for making investments after performance evaluations of banks.

There are different ways, which have been used to evaluate the performance of the banks. When the performance is analysed through available published...
7 Pages (1750 words) Case Study

Business Plan Real Estate Agency

re representing our company as their business consultants and our responsibilities are limited to the knowledge of the client’s business and information provided by the client.
The company Of-Fit has been operating as office supplies and equipment supplier since 1998. Their corporate office is in Aberdeen and it has excellent industry relations. The company is a sole proprietorship and its owner is Mr. Andrew Schwatz who has been working in the industry for more than 20 years. The company current staff is 8 and its revenues are £115,690 and £156,178 in 2008. The company aims to expand its operations in other business areas and regions of the UK.
The detailed business plan developed for this report incor...
12 Pages (3000 words) Business Plan

Business Sustainability and Society: Coca-Cola Company

...Running Head: Business Sustainability & Society Business Sustainability & Society [Institute’s Business Sustainability & Society Introduction Since centuries, ethics has been a crucial and significant component of the human societies that contributed enormously in the creation of norms and values through religious influences, as well as through contribution of intellectuals and philosophers in the society. Unfortunately, nowadays, it is an observation that individuals, organizations, and even nations have commenced to overlook the phenomenon of ethics in their practices, specifically in the business sector that has become the major stakeholder confronting criticisms related to ethical practices. Critics (Crane, pp. 23-29, 2007) argue...
10 Pages (2500 words) Case Study

International Business: World Economic Forum and Davos 2010

... resistant rice plants, which could ensure smooth production of food grains. The economically backward nations require more of technical collaboration. Private sector can enter these countries and start initiatives such as the one started in Senegal. Mobile technology has pervaded many societies but the scope is still immense. MNCs should think of ventures in such areas initially by just asking for a small fixed amount per month against mobile facility. Mobile telephony itself can ensure health, banking and other social benefits to the underserved areas. Another interesting area for the businesses is to cater to the needs of the ageing population. The retail sector, including the drug stores, could come with solutions to home-deliver...
7 Pages (1750 words) Coursework
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.

Let us find you another Term Paper on topic Economics for Business: The Australian Government and Reserve Bank for FREE!

Contact Us