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Australia's mining boom: What's the problem?

Chairman's speech

Gary Banks gave an address to the session 'Managing the Growth Shock' at the Economic and Social Outlook Conference in Melbourne on 30 June 2011.

  • Contents

Introduction

The economic forces at work

Recent developments in historical perspective

The sectoral jobs story
Longer-term trends

What is the role for policy?
Macro policy issues
A Sovereign Wealth Fund?
Other fiscal issues

What microeconomic policies?
Trade and industry policies
Regional policy
Labour and immigration policies

Summing up

References