Notwithstanding this, since the late 1980s, the Australian Bureau of Statistics (ABS) has been producing an annual balance sheet for Australia, including an annual estimate of Australia’s net wealth, that is, the difference in the value of our assets and our liabilities. There are two “technical” issues that are worth pointing out before talking about this balance sheet in some detail.
Rather, it is important to recognise that the stable framework for a normal, wellrun economy that has been achieved to date provides the foundation for sustained, if not improved economic performance in the years ahead. 10.3 Going forward, further structural reforms will be important prerequisites to unlocking the economic growth and development potential of South Africa.