Dear Tutor! First you need to read Reserve Bank of Australia Economic Outlook (Released in May 2022)" and "Economic Outlook (Released in Feb 2021)". You can get it from

After reading it correctly, you need to wr!te an analytical report by considering the following.

1. In the Economic Outlook of Feb 2021, it has given both the upside and downside outlook scenarios. After 15 months, from reading the Economic Outlook of May 2022. Which economic performance was achieved, upside or downside scenario, or in the between? Then based on your analysis, you can form your own outlook about the Australia Economy in 2022.
2. In supporting your own Australian Economy Outlook, you need to analyse the contemporary global political / economic events. Your arguments may include (but not limited to) COVID-19 impact on Australian education industry; the political tension between China and Australia and its subsequent impact to Australian economy (especially for mining and export businesses), the impact of Russia/Ukraine's war to the global and Australian economy, etc.
3. In your analysis, you need to analyse the macroeconomic components to support your economy outlook assumption, such as:
   1. GDP growth;
   2. Labour market and unemployment;
   3. Public demand;
   4. Household consumption, income and saving;
   5. Investment;
   6. Wages and inflation;
   7. Monetary and fiscal policies
4. In the conclusion and recommendation section, you need to provide recommendations on how Australia can achieve the upside economy outlook and avoid the downside economy outlook.
5. In your analysis, you need to refer to relevant macroeconomics theories and the appropriate reference to academic resources is important