Growth of the
Australian economy is being supported by a strong external
environment at present and, if anything, global
economic conditions have strengthened further in recent months.
Despite a persistent degree of consumer caution and a competitive retail
environment, Australia's
economic outlook over the coming 12 months will experience modest improvements due to lift in global trade, China's demand for commodities, tourism and growth in
Australian household wealth.
Socio (s): UNDP, UNECE, UNEP, UNESCO, UNHABITAT, UNICEF, WFP, WMO, European Commission, Government of the United States of America, Arab Center for the Studies of Arid Zones and Dry Lands,
Australian Government, AXIS, Beijing Normal University, CIMNE, Fondazione CIMA, Earth Literacy Program, Florida International University, Facultad Latinoamericana de Ciencias Sociales, Global Facility for Disaster Reduction and Recovery, GNS Science, Global Volcano Model, International Association of Volcanology and Chemistry of the Earth's Interior, International Institute for Applied Systems Analysis, Indian Institute for Human Settlements, INGENIAR, Integrated Research on Disaster Risk, International Recovery Platform, Kokusai Kogyo, Ltd., Lee Kuan Yew School of Public Policy, NGI, Organisation for
Economic Co-operation and Development, Save the Children, Stockholm
Environment Institute, National Autonomous University of Mexico, University of Huddersfield, University of Ghana, Victoria University of Wellington, WAPM, FEWS
Australians are now faced with challenges including creating financial security in an increasingly uncertain
economic environment, managing increasing rates of chronic disease, and securing a dignified and healthy retirement.