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Sample solution for ICTLPN413 Evaluate networking regulations and legislation for the telecommunications industry

Describe the current economic conditions in Australia.

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Diploma Courses Assignment Sample

Q1:

Answer :

This report was prepared in the June quarter 2023. The current consumer price index rose 0.8%. Over the 12 months to the June 2023 quarter, the CPI rose 6.0%. The Australian economy rose 0.2% in seasonally adjusted chain volume measures. Reduction in export prices is seen due to the reduced prices for rural goods and mining commodities. Private sector wages rose 0.8% over the quarter. Public sector wage growth was 0.7%. Unemployment rate is 3.6%.