Changes in macroeconomic indicators can often be of relevance to business decision-making. For instance, changes in macroeconomic performance reflected in indicators can impact things such as firms profit forecasts, expected sales growth, expansion plans, etc.

Assume you are employed as a business analyst with the large Australian based mining company. Identify and discuss how each of the following macroeconomic issues may be relevant to the firm:

a)A world-wide economic slow-down.

b)Appreciation of the Australian dollar relative to other major currencies.

c)The government abolishes subsidies to the mining industry.