Economic and Political Overview 2011



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The Economic and Political Overview is Australia's premier series of briefings on the Australian economy and politics for the year ahead.

CEDA members: Download the EPO here.

Non-members: Purchase the EPO here.

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The 2011 EPO is released at a time when Australia is experiencing political uncertainty and various governance challenges. This is in a context of huge economic opportunities on the back of external minerals-related demand, and resulting sectoral, regional and population challenges. Our favourable terms of trade are generating a booming but changing economy in an uncertain world. These challenges have been increased by the floods, in turn following a long and serious drought across much of Australia.

Economic overview
Alan Oster, Economist, NAB Group and Ben Westmore, Economist, NAB Group

Alan Oster and Ben Westmore analyse the gradual recovery from the global financial crisis, but warn the Federal Government's emphasis must now be on managing the upswing in the Australian economy.

Political overview
Kenneth Wiltshire, JD Story Professor of Public Administration,
University of Queensland Business School

A comprehensive review of a turbulent year in Australian politics, from the fall of Kevin Rudd to the election of the minority Labor Government now in Canberra - a Government facing crucial policy decisions, from taxation and climate change to population growth and water management.

A population policy for Australia
Jonathan Pincus, CEDA Policy and Research Council

Debate on Australia's future population needs is robust, and Professor Pincus joins it by arguing economic immigration greatly benefits optional immigrants, though some sections of the existing population can be disadvantaged. This can be managed through careful urban planning and good social, environmental and economic policies.

Regionalism in economic policy
Michael Porter, National Director, CEDA Research and Policy

Australia needs to create an agency of government that looks at regional issues, with secondments from key economic agencies, using the best relevant economic and technical skills available, plus Commonwealth and state treasuries, line departments and contracting private sector players.

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