Tag: Aussie Exports

The global financial crisis is really starting to hit home with the World Bank predicting the global economy will shrink for the first time since World War II. The World Bank is predicting the crisis will force another 46 million people into poverty and developing countries will experience possible political unrest. The bank’s president Robert […]

Treasurer Wayne Swan has predicted that the economy is set to nosedive even further in the next few months as the backlash of the failing US and Asian economies hits Australia. Swan warned that the collapse of output amongst Australia’s major trading partners will have a dramatic impact on our economic growth. Growth in the […]