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By the end of 2009 the unemployment rate for men was 10.7%, while women's unemployment peaked at 8.4%. [59] This trend of the "mancession" was seen in other countries as well; in 2008 605,000 of the 891,000 who lost their jobs in the United Kingdom were men. [60] The stress of unemployment affects men and women differently.
Daniels, Kay, ed. Australia's women, a documentary history: from a selection of personal letters, diary entries, pamphlets, official records, government and police reports, speeches, and radio talks (2nd ed. U of Queensland Press, 1989) 335pp. The first edition was entitled Uphill all the way : a documentary history of women in Australia (1980).
The 2008 Australian federal budget for the Australian financial year ended 30 June 2009 was ... following on from gradual cuts of nearly 2% of GDP over the decade of ...
Australia's high-income mixed-market economy is rich in natural resources. [319] It is the world's fourteenth-largest by nominal terms, and the 18th-largest by PPP. As of 2021, it has the second-highest amount of wealth per adult, after Luxembourg, [320] and has the thirteenth-highest financial assets per capita. [321]
Australia's economy is strongly intertwined with the countries of East and Southeast Asia, also known as ASEAN Plus Three (APT), accounting for about 64% of exports in 2016. [46] China in particular is Australia's main export and import partner by a wide margin. [47] Australia is a member of the APEC, G20, OECD and WTO.
Australia's recession affected New Zealand's economy as Australia was New Zealand's biggest export market. [2] [3] It is said that the term Great Recession as a description of the post-2008 slump is not recognized by Australians particularly those under 30 due to its mild, intangible impact on the country's economy. [4]
Ending discriminatory laws and practices that prevent women from working or starting businesses could raise global gross domestic product by more than 20%, which would double the rate of global ...
Overall expenditure is expected to increase in 2009/2010 by 1.6% of GDP. The key feature of the budget was a third round of spending to provide long-term stimulus. Overall, spending has increased by 4.6% of GDP since the last Howard/Costello budget (2007/2008).