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After 44 years of deficits, we've a current account surplus. What went so right?

Written by Peter Martin., Visiting Fellow, Crawford School of Public Policy, Australian National University

Some things went wrong and some things went right. The resulting current account surplus is neither good nor bad.Shutterstock/ABS

Australia has been in a current account deficit – paying more money out to the rest of the world than it took in – for 44 straight years, since September 1975.

Until today. The update from the Bureau of...

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After 44 years of deficits, we've a current account surplus. What went so right?

Worker exploitation can hide in plain sight. Here’s how to ensure an ethical summer holiday

In a world of digital money, what’s the right etiquette to split the bill with friends?

‘Weights of gold in bullion’: how the ancients invested in precious metals

Deep in holiday debt? How to start repaying overdue credit and buy now, pay later bills

Can you ‘live long and prosper’ by learning economics from Star Trek? Or is that ‘highly illogical’?

Can you return gifts without a receipt or packaging? A legal expert explains

Traditions of Rural Bali at Villa Sabana

Essential Reasons to Opt for a Professional Valuation Before Selling Your Commercial Property

Got land that needs to be constructed? Consider these guys as your contractors

Spotting the Differences and Similarities between Cryptocurrency Markets and Forex

Atturra To Acquire Business And Assets of Silverdrop

From Check-in to Touchdown: How AI and smarter systems are transforming the travel industry

Online Christmas shoppers fund climate and biodiversity projects via HealthPost's Click Sphere for Good initiative

US landmark settlement protects SMEs, highlighting flaws in the RBA's proposed blanket card surcharging ban for Australia

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