Essay: Analysis Of BHP Billiton’s Macroeconomic And Microeconomic Conditions In Australia.

About BHP Billiton
In this report the Australian central bank has cut interest rates twice this year to a record low. This adjustment is reflected in a lower than usual growth rate (2% year-on-year in the second quarter of 2015), lower per capita income, lower wage growth and an unemployment rate above 6% Compared to 5% recorded during the boom years. Some will not seem like much, but they are signs that undermine the confidence of a countr…