1. Topic 5 The Australian financial market
Copyright  2007 McGraw-Hill Australia Pty Ltd PPTs t/a Communication Skills for International Students in Business, by Bretag, Crossman and Bordia

2. Topic overview The relationship between time and money
The role of financial markets
Financial management in the Australasian region
Introduction to the Australian Stock Exchange
Public finance in Australia
The role of the public sector
Copyright  2007 McGraw-Hill Australia Pty Ltd PPTs t/a Communication Skills for International Students in Business, by Bretag, Crossman and Bordia

3. Time value of money Key concepts: simple interests compound interest
present value of money
future value of money
Copyright  2007 McGraw-Hill Australia Pty Ltd PPTs t/a Communication Skills for International Students in Business, by Bretag, Crossman and Bordia

4. Role of financial markets
The prevalence of an established financial market allows us to borrow money for personal and institutional purposes.
Copyright  2007 McGraw-Hill Australia Pty Ltd PPTs t/a Communication Skills for International Students in Business, by Bretag, Crossman and Bordia

5. Financial management in the Australasian region
The financial management and policies of one country often affect those in other countries.
The financial crisis in 1997–1998 in Asian countries affected the entire region.
The Australian Stock Exchange and other industries such as tourism and education were affected.
Since then, some countries have established a regional bond market, which will establish economic stability in the region.
Copyright  2007 McGraw-Hill Australia Pty Ltd PPTs t/a Communication Skills for International Students in Business, by Bretag, Crossman and Bordia

6. Australian Stock Exchange (ASX)
A publicly listed company that acts as a forum for shares trading.
In 1998 it became a public company and listed itself on the ASX.
Not all companies operating in Australia can be listed on the ASX.
All companies listed on the ASX must, at regular intervals, provide relevant financial information to the public.
Copyright  2007 McGraw-Hill Australia Pty Ltd PPTs t/a Communication Skills for International Students in Business, by Bretag, Crossman and Bordia

7. Public finance in Australia
The public sector includes governmental agencies conducting business in:
health
education
electricity
water
telecommunication
governance
domestic law and order
defence.
Copyright  2007 McGraw-Hill Australia Pty Ltd PPTs t/a Communication Skills for International Students in Business, by Bretag, Crossman and Bordia

8. Role of the public sector
Varies from country to country depending on the needs of the people and the philosophy of the government.
In socialist countries, public finance provides some of the public sector goods free of charge.
In many developing countries, public finance provides some of the services in order for people to be able to just survive.
This may be with the help of the International Monetary Fund (IMF).
Copyright  2007 McGraw-Hill Australia Pty Ltd PPTs t/a Communication Skills for International Students in Business, by Bretag, Crossman and Bordia