Australia is experiencing its largest mining boom for more than a century and a half. This paper explores, from a national perspective, important economic differences that arise when a mining boom, such as the current one, is generated by sustained export price increases (trading gains) rather...

The conference spent too much time discussing unemployment. The two key labour market problems are the lack of full-time job growth and the rapid growth of all welfare recipients. Unemployment is just a small part of the structural problem in the Australian economy. For the perspective of...