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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