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Australian Economy

Helped by its massive natural resources, Australia has weathered the global financial crisis better than other Group of 20 economies. In 2012, its economy grew 3.1 per cent, compared with 1.6 per cent in the United States and 1.1 per cent in Canada. 

Premier of the State Council of the People's Republic of China Li Keqiang and Prime Minister of Australia Malcolm Turnbull attend a signing ceremony in Canberra, Australia. Photo: EPA

Why Australia’s cure for Chinese influence is worse than the disease

On a recent overnight flight from Beijing to Sydney, most of the passengers were mainland Chinese tourists looking forward to a respite of summer sunshine and fun, with some talking excitedly about the upcoming spectacular New Year’s Eve fireworks in Sydney, or hot-air

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