For current decades, Australia has dealt with the benefits and costs of mining booms that were continued -- a housing bubble, inflation, a current account deficit and growing dependence on China. Between the year 2007 and 1996, however, Australia had most of these issues under control and grew at impressive rates, becoming one of the richest of developed countries.
Yet competitiveness in its non-mining sectors decreased. Since the fiscal crisis, additional challenges associated with climate change, minerals taxes, migration and an overvalued money have complicated the issues facing Julia Gillard and her Labor Party, with a rather thin majority.
PUBLICATION DATE: August 01, 2012 PRODUCT #: 713015-PDF-ENG
This is just an excerpt. This case is about STRATEGY & EXECUTION
