The competition is open to students who are currently enrolled in an undergraduate program at an accredited university in Australia.Entries must be submitted by Wednesday, 12 August 2015.The Reserve Bank of Australia has launched this year's RBA/ESA Economics Competition, in conjunction with the Economic Society of Australia (ESA) and the UNSW Economics Society.The competition invites students to write an essay on a topical economic issue affecting Australia.If required by , the prospective winner and prospective honorable mentions must sign (or the chosen contestant's legal guardian or parent if such a contestant is not of legal age in his/her state/country of residence) and return a release of liability, declaration of eligibility within thirty (30) days of receipt.
We want to give tomorrow's leaders the opportunity to demonstrate innovative thinking on the issues that shape their world. Entries must be original, unpublished work written by contestants themselves.At the same time, Australia’s mining industry is undergoing transition from the investment phase to the production phase.Students are asked to discuss the implications of these changes for the mining, non-mining and trade-exposed sectors of the Australian economy, and the role that economic policy can play in smoothing the transition process.This year, the topic of the essay competition is commodity prices and the Australian economy.Prices for Australia’s main commodity exports have fallen sharply since their peaks in around 2011, leading some commentators to declare an ‘end of the mining boom’. staff using the same evaluation methods and quality control standards required of authors. COPYRIGHTAll materials submitted for the contest become the property of and the Council on Foreign Relations all rights, title, and interests therein, whether or not copyrightable or legally protectable or established as forms of property and whether or not fulfilled or put into practice, together with all rights under copyright and the exclusive rights to print, publish, distribute, and sell the contestant's essay in all editions and formats in any form or medium throughout the world, which contains, but is not limited to, all formats of print, electronic, digital, optical, magnetic, or laser-based media, alone or in combination with other contributions, in whole or in part, in any language, throughout the world, together with the right to make such changes as is unable to contact the prospective winner and a prospective honorable mention within ten (10) business days of the first attempt, or if it is found that the prospective winner or a prospective honorable mention has failed to comply with the official rules, that individual's prize will be forfeited.Prizes left unclaimed ninety (90) days after notification will be forfeited, and shall not be held responsible for contacting a prospective winner or prospective honorable mention who did not supply an address or provided an incorrect one.A presentation ceremony, to be hosted by the Reserve Bank of Australia, will be held in October 2015.For enquiries about the competition please email: [email protected] prospective winner or prospective honorable mention who fails to notifywith any complaint or problem within ninety (90) days after prize notification, forfeits the right to do so.The prospective winner and prospective honorable mentions may be required to sign (or the chosen contestant's legal guardian or parent if such a contestant is not of legal age in his/her state/country of residence) a publicity release within thirty (30) days of notification, which will allow to use their names, biographical information and/or pictures for the purpose of advertising, trade, or promotion without further compensation or consideration in any and all media throughout the world, unless prohibited by law.