The road ahead for the Australian economy

Feb 13, 2014, 03:27 AM

Earlier this week the Japanese car maker Toyota said it would stop making cars and engines in Australia by the end of 2017.

The decision will kill off the country's 66-year-old auto manufacturing industry.

Australians are still digesting the implications of that news - and what it says about where their economy is headed.

Robert Milliken in Sydney is the Australia correspondent for The Economist, he discusses the state of the Australian economy with the BBC's Manuela Saragosa and Professor Peter Morici of the University of Maryland.