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The politics of Australia has a mild two-party system, with two dominant political groupings in the Australian political system, the Australian Labor Party and the Liberal/National Coalition. Federally, 17 of the 151 members of the lower house (Members of Parliament, or MPs) are not members of major parties, as well as 21 of the 76 members of ...
The first list includes estimates compiled by the International Monetary Fund's World Economic Outlook, the second list shows the World Bank's data, and the third list includes data compiled by the United Nations Statistics Division. The IMF's definitive data for the past year and estimates for the current year are published twice a year in ...
The International Monetary Fund in April 2012 predicted that Australia would be the best-performing major advanced economy in the world over the next two years; the Australian Government Department of the Treasury anticipated "forecast growth of 3.0% in 2012 and 3.5% in 2013", [60] the National Australia Bank in April 2012 cut its growth ...
The reduction helped to drag down the forecast for overall euro zone growth slightly to 0.8% for 2024 and 1.2% for 2025 despite a half-percentage-point upgrade that pushed Spain's projected growth ...
In the lead-up to the 2025 Australian federal election, a number of polling companies are conducting opinion polls for various news organisations. These polls collect data on parties' primary vote, and contain an estimation of the two-party-preferred lead.
The Albanese government is the federal executive government of Australia, led by Prime Minister Anthony Albanese of the Australian Labor Party.The Albanese government commenced on 23 May 2022, when Albanese and an interim ministry of four other Labor MPs were sworn into their relevant ministerial portfolios by the Governor-General of Australia. [1]
Though both major parties policies on income tax cuts was similar in the short term, in the long term the Coalition sought to rise the top income threshold for the 19, 32.5 and 37 per cent tax brackets from July 2022, before eliminating the 37 per cent bracket in July 2024, which Labor considered fiscally irresponsible. [166]
The rate of GNI per capita growth in annual percentage according to the World Bank for last available year is shown in below table. [1] These values of GNI per capita growth are corrected for inflation, but not adjusted for purchasing power parity.