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Health Care Reforms
6th March, 2010
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It was hard to miss - during the week the Rudd government announced that they would be moving towards a federal funding system for the Australian health care system. This is a major policy shift about the way in which resources are allocated in this country.
27th February, 2010
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Sometimes the actions of the market will result in an inefficient allocation of resources; sometimes inefficiency arises as a result of government policy. The recent events surrounding the government's insulation policy provide an interesting case study.
20th February, 2010
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When people have a high degree of confidence, they spend more money. But this is not always a good thing, and sometimes an increase in confidence can mean that some bad news (for some) is just around the corner....
13th February, 2010
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The Australian economy seems to have passed through the global financial crisis, and strong economic data is being published every day. This is not the case in other parts of the world, such as the European Union.
View Mr Wood's News Archive
Welcome to MrWood.com.au!
This site has been designed to support you as you study Economics in the Victorian Certificate of Education (VCE). Each week you will find a new article about the changes in the Australian economy. You will also find up to date statistics that will help you describe what is happening. Economics is an interesting and valuable subject - I really hope that you enjoy it!

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Latest Comments!
11/03/2010Emily Smith from
Health Care Reforms wrote...
Having experienced both the NSW and...
Article
11/03/2010Ben Andrews from
Insulation wrote...
Based on statistics, Australia has ...
Article
11/03/2010Tom Dundon from
Insulation wrote...
The federal government's home insul...
Article