WORLD ROUND-UP.

The article focuses on the opinion of W. D. Scott & Co., a management consulting firm in Australia, on the economy of Australia for the subsequent ten years from 1972. The firm predicted that the above-mentioned decade will be one of the most prosperous decade ever for business in Australia. The firm also predicted that the importance of the rural sector will further decline. It further predicted that more will be spent on necessities, but this will be a decreasing share of disposable income. The firm estimated that there would be an increase in population by three million accompanied by age make-up and spending pattern changes.