Dr. Shane Oliver: Why Australian Immigration Should be Lower

The housing market in Australia is one of the most expensive in the world. High prices never seem to slow down or decline. Though the country is large much of the population is concentrated on a few coastal cities. One of the factors that was always suspected but hardly discussed in the media is the …

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Australian Bank Stocks Offer Potential Investment Opportunities

Australian banks have been one of the poor performers among the developed world’s banks for many years. In fact, the stock prices of the major banks except Commonwealth Bank are below where they were 10 years based on prices in the domestic market. The banks have gone nowhere per most investors. The following chart shows …

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Eight Charts on the Australian Economy

The Australian economy is one of the largest among the developed countries. With a GDP of about $1.5 Trillion the economy is smaller than the Canadian economy. Similar to Canada, Australia is also a resource-based economy. To put it another way, Australia mostly depends on simply digging up what’s under the ground and exporting to …

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