Links:

https://www.theguardian.com/uk/2013/mar/20/budget-2013-key-points-live

http://www.marketwatch.com/story/abbott-vows-to-save-australias-economy-2013-09-08/print?
guid=E37BE3DA-18A8-11E3-9F57-002128040CF6

https://www.youtube.com/watch?v=CNvKmlvacNk

https://www.youtube.com/watch?v=QbxXns0zero

https://www.theguardian.com/uk/budget-2013

https://www.gov.uk/government/news/budget-2013-an-overview

QUESTIONS ON NEWS ARTICLE:

1. Explain what stage the nation of Australia is at in the economic cycle diagram – use information
from the newspaper article to justify your answer
2. The new Prime Minister says he will cut taxes, what effect is he hoping this will have?
3. What impact has the slowing economy of China had on the Australian economy?
4. What challenges does the new government face with regards to the secondary (manufacturing)
sector and how could this affect future employment and the sectors of industry?
5. What does “cutting interest rates” mean and what outcomes are expected from doing this?
6. What other actions would you advise the new Prime Minister to take and what impacts might
these have?

QUESTIONS ON NEWS ARTICLE:

1. Explain what stage the nation of Australia is at in the economic cycle diagram – use information
from the newspaper article to justify your answer
2. The new Prime Minister says he will cut taxes, what effect is he hoping this will have?
3. What impact has the slowing economy of China had on the Australian economy?
4. What challenges does the new government face with regards to the secondary (manufacturing)
sector and how could this affect future employment and the sectors of industry?
5. What does “cutting interest rates” mean and what outcomes are expected from doing this?
6. What other actions would you advise the new Prime Minister to take and what impacts might
these have?

QUESTIONS ON NEWS ARTICLE:

1. Explain what stage the nation of Australia is at in the economic cycle diagram – use information
from the newspaper article to justify your answer
2. The new Prime Minister says he will cut taxes, what effect is he hoping this will have?
3. What impact has the slowing economy of China had on the Australian economy?
4. What challenges does the new government face with regards to the secondary (manufacturing)
sector and how could this affect future employment and the sectors of industry?
5. What does “cutting interest rates” mean and what outcomes are expected from doing this?
6. What other actions would you advise the new Prime Minister to take and what impacts might
these have?