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The Economics at Austrade team are responsible for analysing the major trends and events in the Australian and international economies that help shape Austrade’s operating environment.

Australia’s long-distance growth record outpaces OECD partners

5 Sep 2019 OECD Edmund Tang

Australia's economy grew by 0.5% in the fourth quarter (Q4), lifting Australia's annual economic growth rate to 1.9% in FY2018/19 according to the latest National Accounts figures released by the Aust ...

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China takes top spot in Australia’s tourist rankings

28 Aug 2019 Australian Economy Tourists Edmund Tang

Tourism is now Australia’s largest services export. According to data released by Tourism Research Australia in May 2019, tourism contributed A$37.4 billion to the Australian economy in 2017–18.

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International students crave more than education

26 Aug 2019 Australian Economy

As international students flock to Australia, they seek more than just the world-class education – they are also avid travellers.

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Tourists think cash is flash, but plastic’s fantastic

12 Aug 2019 Australian Economy

According to the World Payments Report 2018, non-cash transaction volumes grew by 10.1 per cent in 2016.

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Global growth to slow in 2019 and 2020

29 Jul 2019 Australian Economy Edmund Tang

The International Monetary Fund (IMF) has trimmed its projected rates for world growth to 3.2% in 2019 and 3.5% in 2020.

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Australia shines as Asia-Pacific’s low-risk economy

24 Jul 2019 Australian Economy Edmund Tang

The Australian economy faces fewer risks than almost all other major advanced economies, according to Oxford Economics.

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International tourism: why growth is good but yield is gold

19 Jul 2019 Australian Economy Tourists

For a long time tourism operators have been buoyed by the industry’s impressive economic performance. At face value, results from Tourism Research Australia’s latest International Visitor Survey bring ...

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AANZFTA: Where Australia’s history and geography meet

17 Jul 2019 Divya Skene

This year marks the 10th birthday of the ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA).

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The key attributes that make Australia a global investment hot spot

5 Jun 2019 Australian Economy International Investment

I recently reported on Australia’s excellent record for attracting investment from overseas. But what keeps the money coming?

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How Australia’s openness to trade and investment is driving our prosperity: Part II

28 May 2019 International Trade Edmund Tang

Part II of this blog I look at where Australia’s foreign direct investment (FDI) comes from, and the impact it has on some of our most valuable export industries.

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