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The article offers information on the economic and political condition in Australia and offers an outlook for 2008-2009. In politics, the Labor Party appears to be leading in the opinion polls as the general election is approaching which is expected to be held in October 2007. Labor Leader Kevin Rudd criticizes Prime Minister John Howard on several issues. On the economics side, annual gross domestic product growth is estimated to have reached 3.6% in 2007. The Australian dollar has depreciated due to a turmoil in global credit markets.

The article discusses the economic and political conditions in Australia for the period 2007-2008. It says that the main opposition Labor Party currently leads in the opinion polls and is the favorite with bookmakers to win the general election. Labor leader Kevin Rudd has criticized Prime Minister John Howard on a range of issues. This entry also discusses the country's political outlook, economic policy outlook, and economic forecast.

Presents the political and economic outlook for Australia for 2006 to 2007. Political status of the Labor Party; Deceleration of gross domestic product growth; Consumer price inflation.

The article looks at the political scene in Australia as of January 2012. The ruling Labor Party reportedly improved its position in the House of Representatives as the third and final parliamentary session of 2011 drew to a close. Speaker Harry Jenkins resigned on November 24, 2011 because of his inability to participate in parliamentary debate. Prime Minister Julia Gillard, however, conducted a cabinet reshuffle and expanded the number of cabinet posts from 20 to 22.

The article reports on political conditions in Australia as of January 2011. The ruling Labor Party has been having a problem with policymaking as it is operating a minority government. The opposition Liberal-National coalition obtained a surprise win in the Victoria state election on November 27, 2010, gathering 44.8% of the votes. INSET: Democracy index: Australia.

The article discusses the economic policy outlook for Australia in 2010-2011. It is stated that if re-elected, the Labor Party will impose a 30% mining tax which will increase revenue by 12 billion Australian dollars within two years from July 2012, but will also lead to cancellation of mining investments. Faster growth, higher export prices and reduced stimulus spending are reportedly seen to lessen the deficit to 2.7% of gross domestic product (GDP) in 2010/11. The unlikely increase of the official cash rate (OCR) until mid-2011 is also noted.

The article provides an outlook on the economic policy of Australia for 2010-2011. The issue centers on the removal of the 2008-2009 emergency stimulus measures formulated to counter the effects of global recession. Interest rates were raised by the Reserve Bank of Australia in October 2009 as the government commenced its withdrawal of the fiscal stimulus. The Labor party, meanwhile, if re-elected, promises the implementation of several tax policy changes, notably the 40 per cent mining profit tax.

The article presents an update on the political sector of Australia. It discusses how the warnings issued by the Labor Party government of Prime Minister Kevin Rudd regarding the budget for fiscal year 2009-2010 have weakened public confidence in the government. The complaints from unions have forced the government to cancel its plan to tax employee share schemes. It relates the status of the Labor Party, according to surveys of voting intention.

The article describes trends and changes in policy. The Labor Party enacted a bill which will replace the use of Australian Workplace Agreements (AWAs) with collective bargaining agreements. Owing to the government's lower spending, disinflationary effects are expected. The government forecasts strong revenues to bring in a cash surplus of 1.8% of Gross Domestic Product (GDP). There are capacity constraints in some industry sectors and a tight labour market prevailing.

The article offers information on the economic policies of Australia as of June 2008. As of the first term of the Labor Party government reform in industrial relations law have taken place, which includes worker access to collective bargaining agreements and even common-law contracts. For its fiscal policy, released on May 14, 2008, the Labor government aims to control domestic demand and inflationary pressures by managing spending growth.

The article presents Australian economic policy outlook for the 2008-2009 period. The Labor Party promises to restore some labour union rights to collective bargaining for their employees, which were significantly reduced by the current government. Strong economic growth will ensure that the budget remains healthily in surplus during the forecast period.

The article presents Australia's economic policy outlook for 2008-2009. The main policy issue is industrial relations with the Labor Party promising to transfer all workers from individual contracts to common-law agreements, industrial awards or collective agreements. Higher tax revenue is expected due to strong economic growth projections. Due to the acceleration in inflation in the third quarter of 2007, the Reserve Bank of Australia is likely to increase interest rates which would remain high until 2008-2009.