Impact of Electric Vehicle on Petrol Car Demand in Australia

The article discusses the impact of electric vehicles on petrol car demand in Australia. It explains how the dependence of Australia on Middle East for oil can cause major disturbances in Australian oil supply. It also talks about the Australian government's initiative to promote higher education and how it will produce a skilled workforce for the Australian economy. The article also explains the determinants of economic growth and the characteristics of an oligopolistic market structure.