Australia has now experienced almost a quarter century of continuous economic growth.
The resources boom lifted growth in living standards. Average income levels have risen from around $40,500 (in today’s dollars) in the early 1990s to around $66,400 today.
The outlook for the Australian economy remains positive. Ours is one of the fastest growing economies in the developed world. The fundamentals are solid with a lower exchange rate, lower petrol and electricity prices and rising household wealth.
To view the full Budget 2015 – Growing Jobs and Small Business document, please Click Here.