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Although new jobs are created, there is no improvement on the unemployment rate, which remains at 5.4%. However this is a sign of economic improvement in Australia. And the 71,500 are just a start, more jobs were planed for February (9000). In 2011 Economists have predicted a resource boom, due to the monetary policy by the governor Glenn Steves. The bank has tried to boost certain sectors in the economy, however he kept the interest rates at 3%. That might cut into the current boom and slow it down. The main concern is on the value of the Australian dollar.

Even though there had been a rise in total workforce, unemployment has not improved and remained at 5.4%. Nevertheless, there are optimistic signs of economic improvement for Australia.

This article talks about how the prices of food have increased in many countries around the world. In the past years the price of wheat was low, for example in May it was about $200 but in September the cost rose to $400, just within some months. Economists say that the prices of foods have increased continually since 1845. Food scarcity is also caused by the weather because if there is no rain in a country then the crops would not be able to grow well for example Australia. However, the wants for meats in countries like China and India is high and this also increases the demands for cereals. The cereals are used to feed the animals in this countries so that the country can have enough meats.

This article is about how more cattle are being exported to Indonesia from Australia. This is due to an improvement in terms of trade by the lifting of a quota on live cattle imports. It talks about how this improvement of trade terms will be great for the Australian agriculture industry.