By Naziya Alvi Rahman New research from the Centre for Independent Studies (CIS) reveals that government spending is fueling inflation, while private sector growth has stagnated, signalling a potential structural shift in Australia’s economy. The findings come against the backdrop of Australian Bureau of Statistics data confirming an increase in government spending by 1.4 percent. […]
Tag: Australia
Australia, officially the Commonwealth of Australia, is a sovereign country comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands. It is the largest country in Oceania and the world’s sixth-largest country by total area.