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[Arithela]

What are factors that have caused recent economic growth in Australia?

 

[midifile]

Resource boom and increase in commodity prices (due to high world economic growth) have caused increases in demand for Australian exports.

Increases in foreign investment due to high interest rates (and high interest rate differential) have increased production. This also has flow on effects to all areas of the economy as incomes rise

 

[z600]

You need to look at each aspect of aggregate demand.

 

[cal-]

You need to look at each aspect of aggregate demand.

Pretty much, then branch it out. e.g. influences on consumption are income, consumer expectations, the level of interest rates and the distribution of income.