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This article details the risks that are associated with the cut in interest rates in Australia. Interest rates are a form of monetary policy that is being used by Australia to try to create a better economic situation.

The Aussie dollar is very strong, so the Reserve Bank of Australia is trying to gather foreign currency to increase supply, causing the value and demand for Aussie dollar to fall a bit. The RBA doesn't intervene often, but it's necessary now to bring down the strength of the Aussie dollar so that it doesn't continue to lessen the value of exports.

This article explores the causes and outcomes of a rising current account deficit in Australia. The central bank is evaluating different options to try and balance the current account deficit by manipulating imports and exports, as well as adjusting the value of currency.

"The study looked at 'demand elasticities' in Australia for 15 food categories and is the most comprehensive ever done in the field. The degree to which a product's demand or supply reacts to a change in price is known as its 'elasticity'" This article highlights that out of 15 food groups studied, milk, bread, fresh fruit and fresh vegetables all have an inelastic demand. This is the opposite as to what i personally would have predicted, because with varying prices and what i assumed was a varying demand for fruits and vegetables, i thought that this could be an elastic demand. Some of the products with an elastic PED are All meat types, rice, margarine and preserved vegetables. This is interesting as it seems as though consumers would rather pay more to have food that can spoil, compared to food which can be stored or freezed.