Mosolova Olga

The main Indicators of Socio-Economic Development of Australia in 2024

ЮГО-ВОСТОЧНАЯ АЗИЯ: АКТУАЛЬНЫЕ ПРОБЛЕМЫ РАЗВИТИЯ, 2024, №3(64), 193-201

 
Annotation: The development of the socio-economic system of Australia determines by the conditions of global economic situation. As in Australia the growth rates in the main trade partners of the country in 2024 was reserved. But, in a whole, the growth rates of the Australian economy are very quickly than growth rates of the other developed countries. The specific indicators of socio-economic development of Australia in 2024 was enough positive. The growth rates of household consumption, as well the state consumption was high. Volume of real disposed incomes of households at present is stable. According to forecasts, real incomes of households will be elevated to an end of 2024 year. The labour market continues to improve. The employment growth rates at present are stable also. The level of inflation in Australia remains above than the purpose indicator. Expert counts that short-term socio-economic policy should emphasize on inflation reduction and the economic growth continuation.

Keywords: Australia, urbanization, urban policy, sustainable development