Search results “Mining boom australia gdp statistics”
Mining boom delivers surprise GDP boost
Economists and the Federal Opposition are reeling after the release of statistics showing a 4.3 per cent annual growth rate on the back of miraculous mining figures.
Australia's economy needs big investment in innovation, experts say
When Malcolm Turnbull took over as Prime Minister he promised that, with the mining boom over, innovation would be the key to unlocking jobs and growth. But, two-and-a-half years later, those responsible for commercialising new ideas say Australia is being left behind with sustained cuts to higher education and low business investment in research and development. One of the Government's own advisers says Australia is comparable to third world economies reliant on old industries like banking and mining, against countries like the US where the top companies are all high-tech. Chief economics correspondent Emma Alberici reports. For more from ABC News, click here: http://www.abc.net.au/news/ Follow us on Twitter: http://twitter.com/abcnews Like us on Facebook: http://facebook.com/abcnews.au Subscribe to us on YouTube: http://ab.co/1svxLVE Follow us on Instagram: http://instagram.com/abcnews_au
Views: 9129 ABC News (Australia)
Mining boom pushes economy along
A new report predicts Western Australia's resources sector will continue to flourish and fuel the nation's economic growth.
China's demand spurs Australian mining boom - 9 Jan 09
Subscribe to our channel http://bit.ly/AJSubscribe Australia has been one of the beneficiaries of China's economic growth over the last two years. Despite cooling off slightly during the global economic crisis, China's continuing demand for raw materials has been a major boost to the Australian mining industry. China's need for commodities such as iron ore is helping mineral-rich Western Australia lead the rest of the country to recovery. Al Jazeera's Aella Callan reports from the small coastal town of Geraldton, where plans are under way to build a new deep water port by 2012 to keep up with the demand from China and other emerging economies in Asia. At Al Jazeera English, we focus on people and events that affect people's lives. We bring topics to light that often go under-reported, listening to all sides of the story and giving a 'voice to the voiceless.' Reaching more than 270 million households in over 140 countries across the globe, our viewers trust Al Jazeera English to keep them informed, inspired, and entertained. Our impartial, fact-based reporting wins worldwide praise and respect. It is our unique brand of journalism that the world has come to rely on. We are reshaping global media and constantly working to strengthen our reputation as one of the world's most respected news and current affairs channels. Social Media links: Facebook: https://www.facebook.com/aljazeera Instagram: https://instagram.com/aljazeera/?ref=... Twitter: https://twitter.com/ajenglish Website: http://www.aljazeera.com/ google+: https://plus.google.com/+aljazeera/posts
Views: 8818 Al Jazeera English
Australia's economic boom is bust for some
Australia's economy - the "wonder from Down Under" - continues to perform well despite a predicted China slowdown. But not all Aussies are reaping the benefits of the resource-rich country's success. Duration: 02:28
Views: 1863 AFP news agency
Mongolia's Mining Boom (2012)
The Big Dig: Mongolia is the new frontier in a massive, break-neck speed resources rush. But as it races to take advantage of Chinese demand, helped along by Rio Tinto, what is it getting from digging up the steppes? For similar stories, see: The Children Risking Their Lives In Underwater Gold Mines https://www.youtube.com/watch?v=P1L_pxYZVwE Is Bolivia's Lithium-mining Industry Expanding Beyond Its Control? https://www.youtube.com/watch?v=P7bKoAaHXqw Is Space Mining Set To Change The World? https://www.youtube.com/watch?v=IKAQmE1Iexw Subscribe to journeyman for daily uploads: http://www.youtube.com/subscription_center?add_user=journeymanpictures For downloads and more information visit: http://www.journeyman.tv/film/5694/the-big-dig Like us on Facebook: https://www.facebook.com/journeymanpictures Follow us on Twitter: https://twitter.com/JourneymanVOD https://twitter.com/JourneymanNews Follow us on Instagram: https://instagram.com/journeymanpictures Genghis Khan must be rolling in his grave as foreigners arrive in Mongolia to plunder his once mighty domain. Australian miner Rio Tinto is about to open one of the biggest copper mines on the planet in Mongolia, which will soon account for more than 30% of the country's entire GDP. "Some of the optimistic geologists we have say that this business could run for up to 100 years", Cameron McRae from Rio Tinto explains. But the company only cedes the Mongolian government a 34% stake, provoking worries about where the benefits of Mongolia's resource wealth will go. There's concerns the government is ill-equipped to strike complex mining deals in the national interest. "The deal is a financial transaction and whether it's really beneficial to Mongolia, I have many doubts about that", argues Dorjdari from the Responsible Mining Initiative. Environmentalists also worry that the mining push has come so fast and so aggressively that proper checks and balances are not in place. "Most tourists come to Mongolia because they want to see that pristine open space blue sky, but what if we couldn't offer it anymore?" ABC Australia – Ref. 5694 Journeyman Pictures is your independent source for the world's most powerful films, exploring the burning issues of today. We represent stories from the world's top producers, with brand new content coming in all the time. On our channel you'll find outstanding and controversial journalism covering any global subject you can imagine wanting to know about.
Views: 25415 Journeyman Pictures
Australia's mining boom brings population shifts
http://cellsoftware1.blogspot.com click this link 4 more In Australia, the latest census reveals a shifting population, mainly due to the resources boom there. It also shows a quarter of Australians are now born overseas, many coming from a growing number of Indian and Chinese migrants and this may influence how Australia's economy ticks.
Views: 243 Meenakshi raju
Video 1:35
         Australia records its strongest GDP growth in a year
Australia records its strongest GDP growth in a year - The Kohler Report - ABC News (Australian Broadcasting Corporation) Australia records its strongest GDP growth in a year - The Kohler Report - ABC News (Australian Broadcasting Corporation) Australia records its strongest GDP growth in a year - The Kohler Report - ABC News (Australian Broadcasting Corporation) Video 1:35 Australia records its strongest GDP growth in a year Video 1:35 Australia records its strongest GDP growth in a year Video 1:35 Australia records its strongest GDP growth in a year
Views: 244 PrettyVideos
Mining boom could face costs brake
Capital expenditure in mining projects is expected to hit nearly $80 billion this financial year but there are concerns that rising costs and competition for resources could slow the industry's potential expansion.
Mining boom driving up interest rats: RBA
RBA deputy governor Ric Battellinoi says a high dollar and rising interest rates are necessary evils while the mining boom lasts.
Warning on mining boom slowdown
Melissa Clarke discusses a warning by Deloitte Access Economics that the Government cannot rely on the mining boom to keep the budget in surplus.
Australia GDP beats forecasts
Australia GDP beats forecasts https://www.instaforex.com/
Views: 312 InstaForex
Explained: Australia's current economic position
There are differing assessments of how good or bad Australia's fiscal position is - depending on who you ask. ABC News' Jeremy Fernandez investigates. Read more: http://ab.co/1md1a4F http://abc.net.au/news http://twitter.com/abcnews http://youtube.com/newsonabc http://facebook.com/abcnews.au http://instagram.com/abcnews_au
Views: 36874 ABC News (Australia)
5g - The economics of the Australian mining boom
We use our economic analysis to make predictions about Australia's mining boom (from 2004 - 2014). We then compare the predictions from simple theory with what actually happened.
Views: 2735 stephen king
Business Spectator Video Case Study: Mining and the myth of productivity
Can Australia lead the world? The mining sector is accounting for a growing percentage of Australia's GDP, and is often seen as the saviour behind Australia's broader economy. But productivity in the sector is declining and has fallen behind many other sectors. Learn more about the role of data and technology in boosting productivity from Head of Innovation at Rio Tinto, John McGagh and Lead Partner for Resources at Ernst & Young, Mike Elliot.
Mining boom hiding a soft economy
Views: 52 liberalcynic
Australia's Surging Economy Due To Mining Boom - Growing Faster Than The Rest Of The World
Some call it the miracle economy. Once again Australia has managed to prove forecasters and sceptics wrong. Construction for the mining boom has helped the economy grow in the first quarter of the year at a rate nearly twice as strong as most had suspected. ABC News, Queensland 06 June 2012
Views: 1062 Jason Active
Australian mining boom masked slide in annual wage growth, economists say
Economists say the Australian mining boom has masked a deterioration in wage growth that threatens Australia's economy. Source: http://www.abc.net.au/news/2015-08-13/mining-boom-masks-deterioration-in-wage-growth-economists-say/6696156
Views: 40 John Burns
WA to reap rewards of $8.6b mining boom, but expert warns of bust to follow
WA to reap rewards of $8.6b mining boom, but expert warns of bust to follow Updated June 15, 2018 14:25:16 WA is set to reap the benefits of an $8.6 billion mining construction boom after a new major project was announced today by BHP, but there are fears of a bust to come when construction of three simultaneous projects finishes. The mining giant today revealed the constru...
Views: 41 3chtvk
7 Reasons for Optimism on the Australian Economy - Financial Planning Newcastle
7 Reasons for Optimism on the Australian Economy - Financial Planning Newcastle. http://bmkfinancialservices.com.au/7-reasons-for-optimism-on-the-australian-economy/ We all love to be optimistic about our economy so here are 7 Reasons for Optimism on the Australian Economy Key points – The mostly gloomy debate around the Australian economy often gives the impression we are in a constant state of crisis. – But economic growth is pretty good, the economy has rebalanced without the (“inevitable”) recession, the worst of the mining bust looks to be behind us, public infrastructure spending is ramping up, consumer and business confidence are around long term averages, share market profits have likely bottomed and Australia stacks up well on social considerations. – These are all reasons to be reasonably optimistic about the Australian economy and Australian assets. Introduction Ever since the mining boom ended several years ago it seems a sense of gloom has pervaded debate regarding Australia. There is constant talk of recession whether we don’t do something (like control the budget) or even if we do nothing (with reports titled “Australian Recession 2016 – Why it’s unavoidable and the quickest way to protect your wealth”). This sense of gloom makes me wonder whether it could be harming us – by dulling innovation, investment and a “can do” spirit. This note looks at seven reasons for optimism on Australia. There is always something to worry about To be sure Australia does have its problems. Unemployment at 5.7% and labour under utilisation at over 14% are too high. Housing is too expensive, the Sydney and Melbourne property markets are too hot, we are likely to see an oversupply of apartments and household debt levels are very high. The biggest boom in our history has ended, hitting investment and national income. Given this the $A is arguably still too high. Profits of listed companies fell around 7% over the last financial year. Wage growth and inflation are arguably too low for comfort. And we seem to be in perpetual political grid lock with a difficult Senate and no political ability to control the budget and undertake hard economic reforms. But these worries are well known and have been done to death. Of course there is always something to worry about, but the endless whinging we hear in Australia leaves the impression we are in a constant state of crisis & distracts from the good news. Seven reasons for optimism on Australia Read more: http://bmkfinancialservices.com.au/7-reasons-for-optimism-on-the-australian-economy/ 7 Reasons for Optimism on the Australian Economy
The Future of the Australian Economy
Australia’s most respected and renowned economic commentator Saul Eslake, discussed the future of the Australian economy at a University of Canberra public lecture. In the address, hosted by the University’s National Centre for Social and Economic Modelling (NATSEM), Mr Eslake reviewed Australia’s current economic situation, following the end of the mining boom and a slowdown in the Chinese economy.
How to increase Australia's economic growth: explained
What are the benefits of investing in the Australian manufacturing industry? Increasing our economic growth. Find out more at http://www.makeaustralia.org.au
Views: 2022 Make Australia
State of Play: Australian economic outlook - May 2018
Bruce Cooper provides an update on the economic climate for the first half of 2018 and the key industries providing opportunities for foreign investors. _________________________________________________ You can also find this video on our website https://www.claytonutz.com/knowledge/video/state-of-play-australian-economic-outlook-may-2018 See more videos from Clayton Utz here https://www.claytonutz.com/videohub/ Follow us on Social Media https://www.linkedin.com/company/clayton-utz https://twitter.com/claytonutz Transcript Australia's economic outlook for 2018 remains strong. Our traditional ties to Asia coupled with our relatively low sovereign debt around 20% of GDP means that we are projecting a 5 year economic growth cycle which is better that most of our advanced economy peers. Confidence and conditions generally across the Australian economy are strong, consumer sentiment is high and business confidence indices are the highest they've been for quite some time. That confidence plays out in traditional sectors, the mining sector, finance and services, logistics, construction and the property sector. The only dark cloud on the horizon, and frankly it's not a dark cloud, it's a grey tinged cloud, is the retail sector and frankly that's no different from the challenges in retail is facing globally. As far as inbound capital flows into Australia the last measurable quarter, which was the 2017 quarter, shows that inbound capital is strong at around about $79 billion worth investment. And that's more than 10% of the next best favourable rolling one year period back in 2012, which was widely considered to be the peak of the mining investment boom. The stock of foreign capital in Australia stands at around about $900 billion, higher than 2012. Again that being the peak of the mining investment boom. US and European funds continue to be a mainstay of inbound investment in Australia, given the challenges that they face in investing in riskier Asian jurisdictions. In addition, relaxation in media laws late last year mean there may be media opportunities as well as the more traditional mining and allied infrastructure opportunities. Australia's start up ecosystem is particularly robust and is growing with strong capabilities in the fintech, the agricultural technology, the edtech and the medtech sectors. We continue to see a number of tech IPOs with foreign tech companies favouring Australia for an ability to list earlier on a globally recognised exchange with access to an investor base that is active in smaller mid-cap companies. The governing Liberal Party continues to advocate a cut in the Australian company tax rate of 30%. There will be an election in Australia sometime between August 2018 and May 2019. An Australian election is always at the discretion of the Prime Minister. So there remains some uncertainty as to how the political landscape over the coming year will play out into the economic landscape. The Australian dollar continues to trade at around 76c to the US dollar and there's a sense that that's about where the Australian dollar belongs. So the bottom line, a strong economy, confident economy, business confidence high, increasing foreign investment and a robust and welcoming climate for foreign investors entering Australia.
Views: 256 Clayton Utz
Australian economy records high growth
Australia's economy has recorded unexpectedly high growth for the first quarter of the year. New GDP figures show the economy grew 1.3 percent in the March quarter more than twice the expected rate. The Prime Minister and Treasurer say Australians should be proud and the doomsayers should stop. The Opposition is calling the result extraordinary. Watch World News Australia 6.30pm nightly and 10.30pm Mon-Fri on SBS ONE.
Views: 402 WorldNewsAustralia
Property 2107: Gold Coast set to boom, but still no end in sight for Sydney
IT HAS been a hell of a year for the Australian property market. House prices have soared in Sydney and Melbourne, while remaining flat in Darwin and even retreating in a post-mining boom Perth. The Reserve Bank of Australia cut the cash rate not once, but twice — in May and August — giving us some of the lowest mortgage rates Australia has ever seen. #847
How will the third phase of the mining boom affect the Australian dollar?
Our Weekly updates with Sky News Business Australia - a review of key issues, opportunities and actions for Australian business importing, exporting or trading with Asia.
Views: 151 ANZ Australia
Australia is facing financial MELTDOWN
Five charts that show why Australia is facing financial MELTDOWN UNEMPLOYMENT in Australia is rising and economic growth is slowing with experts fearing the country is about to go through a significant downturn. Resource-rich Australia has benefited hugely from the exponential growth in China's economy in recent years, by supplying the raw materials that has powered the Asian boom. In line with the rise in supplying China, Australia switched from an economy making its own goods to one that digs materials out of the ground. Mining as a percentage of Australian GDP has jumped to 8.6 per cent, while manufacturing has steadily dropped. But now the colossal Chinese economy is slowing down and, as Australia's top export destination, the abating is expected to have a big impact.
Views: 1158 Real Thing TV
Australian Treasurer Scott Morrison has precided over the worst GDP figures since the GFC
7/12/2016 Australia's economy has shrunk by 0.5%, the worst since the global financial crisis.
Views: 145 Qldaah
Sterling flash crash, Australian GDP
Vanessa Kortekaas has Wednesday’s top stories from around the world, including a sterling flash crash investigation focusing on a Citi trader, Australian GDP contracts and an exiled opposition leader vowing to return to Democratic Republic of Congo ► Subscribe to FT.com here: http://on.ft.com/2eZZoLI ► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs For more video content from the Financial Times, visit http://www.FT.com/video Twitter https://twitter.com/ftvideo Facebook https://www.facebook.com/financialtimes
Views: 671 Financial Times
InstaForex News 6 June. Australia's GDP on Increase, Rates On Decrease
InstaForex News 6 June. Australia's GDP on Increase, Rates On Decrease
Views: 30 InstaForex
Australia's GDP hits recession-level low
Queensland's flood and cyclone disasters have taken a toll on the national economy with a fall in GDP not seen since the 1990s.
Economic Growth: United States vs Australia
Tom Eddlem, writer for The New American, gives a contrast between Australia's economy and the United States'. From extensive research, he describes why some economies grow and others don’t due to contributing factors such as national debts, national savings, and GDP. More news at: http://www.thenewamerican.com/ Facebook: http://www.facebook.com/TheNewAmerican Twitter: https://twitter.com/NewAmericanMag
Worst Economy | 9 News Perth
The end of the mining boom continues to hit WA with the state's economy crashing from the best in the country to the worst.
Views: 2509 9 News Perth
What Are The Fastest Growing Economies?
What Are The World's Most Miserable Economies https://www.youtube.com/watch?v=9MW4lgOauJk » Subscribe to NowThis World: http://go.nowth.is/World_Subscribe At the 2016 G20 Summit, some of the world's fastest growing economies didn't get an invite. So what are these countries? Learn More: Wall Street Journal: G-20 Closes With Call for More Efforts to Boost Global Growth http://www.wsj.com/articles/g-20-closes-with-call-for-more-efforts-to-boost-global-growth-1473096156 CIA Factbook: GDP Comparison https://www.cia.gov/library/publications/the-world-factbook/rankorder/2003rank.html#cg ABC Online: Energy Companies Eyeing Papua New Guinea Expansion http://www.abc.net.au/news/2016-09-21/energy-companies-eyeing-papua-new-guinea/7865410 Music Track Courtesy of APM Music: "Unravelled" More from NowThis: » Subscribe to NowThis News: http://go.nowth.is/News_Subscribe NowThis World is dedicated to bringing you topical explainers about the world around you. Each week we’ll be exploring current stories in international news, by examining the facts, providing historical context, and outlining the key players involved. We’ll also highlight powerful countries, ideologies, influential leaders, and ongoing global conflicts that are shaping the current landscape of the international community across the globe today. Like NowThis World on Facebook: https://go.nowth.is/World_Facebook Connect with Judah: Follow @judah_robinson on Twitter – Facebook: http://go.nowth.is/LikeJudah Connect with Versha: Follow @versharma on Twitter – Facebook: http://go.nowth.is/LikeVersha http://www.youtube.com/nowthisworld Written by: Jennie Butler Edited by: Alex Estevez Produced by: Cailyn Bradley, Semany Gashaw & Lauren Ellis
Views: 255625 NowThis World
Ferguson says mining boom 'not over'
Minister Martin Ferguson backtracked on his statement that the mining boom was 'over' later clarifying that he was talking about commodity prices, not the boom itself.
Economy Of Australia
The '''economy of Australia''' is developed and one of the largest mixed market economies in the world, with a G D P of A U D $1.69 trillion as of 2017. Australia is the second wealthiest nation in terms of wealth per adult, after Switzerland. Australia's total wealth was A U D $8.9 trillion as of June 2016. In 2016, Australia was the 14th largest national economy by nominal G D P, 20th largest by P P P -adjusted G D P, and was the 25th-largest goods exporter and 20th-largest goods importer. Australia took the record for the longest run of uninterrupted G D P growth in the developed world with the March 2017 financial quarter, the 103rd quarter and 26 years since Australia had a technical recession ( two consecutive quarters of negative growth ) . The Australian economy is dominated by its service sector, comprising 61.1% of the G D P and employing 79.2% of the labour force in 2016. East Asia ( including A S E A N and other Northeast Asia countries ) is a top export destination, accounting for about 64% of exports in 2016. Australia has the eighth highest total estimated value of natural resources, valued at US$19.9 trillion in 2016. At the height of the mining boom in 2009-10, the total value-added of the mining industry was 8.4% of G D P . Despite the recent decline in the mining sector, the Australian economy has remained resilient and stable and has not experienced a recession since July 1991. The Australian Securities Exchange in Sydney is the 16th largest stock exchange in the world in terms of domestic market capitalisation and has the largest interest rate derivatives market in Asia. Some of Australia's large companies include but are not limited to: Wesfarmers, Woolworths, Rio Tinto Group, B H P Billiton, Commonwealth Bank, National Australia Bank, Westpac, A N Z, Telstra and Caltex Australia. The currency of Australia and its territories is the Australian dollar which it shares with several Pacific nation states. Australia is a member of the A P E C, G20, O E C D and W T O . The country has also entered into free trade agreements with A S E A N, Canada, Chile, China, Korea, Malaysia, New Zealand, Japan, Singapore, Thailand and the United States. The A N Z C E R T A agreement with New Zealand has greatly increased integration with the economy of New Zealand and in 2011 there was a plan to form an Australasian Single Economic Market by 2015. All text, either derivative works from Wikipedia Articles or original content shared here, is licensed under: Creative Commons Attribution-ShareAlike 3.0 Unported License A full list of the authors of the original content can be found in the following subdomain of wikipedia, here: https://en.wikipedia.org/wiki/Economy_of_Australia (Economics: Modern State Economies)
Views: 207 FrogCast
Floods worse on GDP than anticipated
GDP figures set to be released tomorrow are expected to show a plunge in Australian exports due to natural disasters is worse than first thought.
Australian housing "bubble" popping in plain English
-Vizmato was just the editing software I used. I am not sponsored by them. -Don't use this video as investment advice. This is just my opinion only. If you are going to make a financial decision then go and do your own research on the market. Do not rely on this YouTube video. -Also of relevance is that 2/3 of investor are currently negatively geared (they claim a loss on the investment to get various tax breaks). So the rents are not covering the cost of their investment. -Additionally people are waiting for unemployment and delinquencies to rise as a sign that the housing market is about to turn down. In Australia at the moment the housing market is driving the economy not the economy driving the housing market so by the time the unemployment rises and delinquencies rise the bubble is well and truly popping. -Of note is that Australia also has the highest private debt to gdp ratio of any major developed nation in the world. It is 225% and has been increasing at a very fast rate. I believe that the growth we have achieved in more recent years has been fuelled entirely by people taking on more debt. In fact rising prices (in excess of the amount incomes increase) has to be fuelled by debt. Most people buy houses with a loan. When house prices increase by 20% from a year ago but wages have only gone up 1% then the 19% extra growth is purely made up of debt. So the seller made an extra 100k in a year but that 100k is debt money that has been been acquired by the new owner. These 100k cash injections made up of debt have been what has been keeping Australia recession free since the end of the mining boom. This is why private debt to gdp is now 225% and why Australian banks have 60% of their loan books in residential loans (the highest exposure to housing in the world).
Views: 3958 Lachlan McVey
RBA chief warns over China debt risk
Australia’s central bank chief has warned China’s mounting debt poses a grave economic threat, with broadening trade ties between the two countries exposing more industries to the risk. Total debt has ballooned in China from 100% of gross domestic product (GDP) in the late 1990s to about 260%, with authorities seeking to boost credit and stimulate the economy since exports slowed during the global financial crisis. China is Australia’s largest trading partner, accounting for close to a third of its exports and about one fifth of imports, and Reserve Bank of Australia chief Philip Lowe is worried. “Among the largest economic risks that Australia faces is something going wrong in China,” he said during a speech in Sydney on Wednesday evening. “And perhaps the single biggest risk to the Chinese economy at the moment lies in the financial sector and the big run-up in debt there over the past decade.” Lowe stressed that economic ties with China run much deeper today than simply resource exports, with tourism, education and agricultural shipments accounting for an increasing share of trade as Australia’s mining boom recedes. “In many individual categories, we now export more to China than any single other destination,” he said. “So what happens in China is now directly relevant to a broad spectrum of Australian industries.” Australia welcomed some 1.4mn Chinese visitors last year, up from about 400,000 a decade earlier. Close to 200,000 Chinese students currently study in universities Down Under, making up one third of the country’s education exports. Although Chinese money accounts for just 3% of foreign investment in Australia, Lowe noted it was becoming increasingly diversified as mining tails off. Wine and dairy exports to China’s burgeoning middle class are on the rise, as are vitamins and pharmaceuticals. “What happens in China is important to Australia, and to the broader global community,” Lowe said. With ties between the two countries tense since Canberra launched an inquiry into espionage laws and foreign government interference last year, Lowe appealed for calm. “We will, of course, have differences from time to time, but we will surely be better placed to deal with these if we understand one another well,” he said. “Building strong connections across business, finance, politics, academia and the community more generally is important to deepening this understanding.”
Sterling flash crash, Australian GDP | FirstFT
► Subscribe to FT.com here: http://on.ft.com/2eZZoLI Vanessa Kortekaas has Wednesday’s top stories from around the world, including a sterling flash crash investigation focusing on a Citi trader, Australian GDP contracts and an exiled opposition leader vowing to return to Democratic Republic of Congo. ► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs For more video content from the Financial Times, visit http://www.FT.com/video Twitter https://twitter.com/ftvideo Facebook https://www.facebook.com/financialtimes
Views: 1022 Financial Times
Unemployment Rate Drops To 12 Month Low Of 6 Percent: Australia
SYDNEY: Australia's unemployment rate unexpectedly fell to 6.0 percent in May, data showed today, in a sign the economy could be starting to better adapt to the end of a mining investment boom. Some 42,000 positions were added in the month, much higher than the 10,000 predicted by analysts, as the jobless rate ticked down from an adjusted 6.1 per cent in April. The increase in employment was driven by part-time jobs, which rose 27,300 while full-time roles were up 14,700, the Australian Bureau of Statistics said. The May figures were better than expected, with the consensus of economists that the unemployment rate would remain steady. The Australian dollar jumped three quarters of a US cent on the news to 77.93 US cents. "The 42,000 gain in Australian employment in May will no doubt add to claims that Australia's economy has weathered the end of the mining boom well," said Capital Economics senior Asia economist Daniel Martin.
Views: 46 CNN News
RioTinto's recruitment drive for 6000 new workers
The Master Builders Association is concerned the mining boom is draining skilled workers away from construction projects and believes the mining companies should contribute more to workforce training.
RBA governor upbeat about economic future
Reserve Bank Governor Glenn Stevens says that although the mining boom is nearing its peak, Australians need to remain confident in the economy.
Australia's great rebalancing act - CRAE Forum with Paul Bloxham
http://business.curtin.edu.au/crae Chief Economist for HSCB Australia and New Zealand, Paul Bloxham discusses an outlook for Asia and Australia's growth prospects beyond the mining boom Interview with Paul Bloxham: http://youtu.be/GRRBwatOq48 This forum was presented by the Centre for Research in Applied Economics (CRAE) and the School of Economics and Finance at Curtin University on Friday 20th September 2013.
Views: 402 Curtin University
InstaForex News 01 November  Australian GDP rises, Aussie strengthens
Хотите заработать но нет начального капитала, тогда вам сюда http://youtu.be/lWymhUPjCdM
Views: 6 MrRonjoker
GDP Data Projection
Gross Domestic Product (GDP) is a fundamental statistic used to evaluate the strength of a countries economy. Given the importance of this statistic for policy makers and stakeholders, it is amazing how little individuals know about its measurement and interpretation. Our App, GDP Data Projection seeks to help explain Australia’s GDP statistics by presenting a visual display of Australia’s national GDP and a state-by-state dissection across 24 years of quarterly data.
Views: 55 UppyCSGO

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