Statistics

KEY AUSTRALIAN INDICATORS

 

Latest

Date

12 months ago

Economic growth

0.6%

Sep 09

2.4%

Unemployment

5.3%

Jan 10

5.0%

Participation rate

65.3%

Jan 10

65.3%

Inflation (CPI)

2.1%

Dec 09

3.7%

Underlying Inflation

3.4%

Sep 09

4.4%

Wage price index

+3.6%

Sep 09

+4.0%

Household savings

+3.4%

Sep 09

-1.5%

RBA cash rate

3.75%

Feb 10

3.25%

 
EXTERNAL ACCOUNTS

 

Latest

Date

12 months ago

Current account

-$43.2bn

Sep 09

-$66.3bn

CAD (% of GDP)

-3.4%

Sep 09

-5.5%

Balance on goods and services

+$0.2bn

Sep 09

-$18.9bn

Exports

$269.9bn

Sep 09

$252.5bn

Imports

$269.7bn

Sep 09

$271.4bn

Net foreign debt

$637.5bn

Sep 09

$657.9bn

Net foreign debt
(% of GDP)

50.9%

Sep 09

54.2%

Net foreign equity

$114.7bn

Sep 09

$36.1bn

Terms of trade
(2007-08=100)

97.7

Sep 09

116.1

Trade weighted index

69.2

Jan 10

53.2

Figures as at 19 February 2010
Source: Australia Bureau of Statistics, RBA

2009-10 BUDGET MYEFO FIGURES
 

2008-09

% of GDP

2009-10

% of GDP

Fiscal balance

-$32.9bn

-2.7%

-$54.4bn

-4.5%

Underlying cash balance

-$32.1bn

-2.7%

-$57.7bn

-4.7%

Revenue†

$295.9bn

24.7%

$291.8bn

24.0%

Expenditure†

$324.4bn

27.1%

$340.2bn

28.0%

 
TREASURY FORECASTS

 

2008-09
outcomes

2009-10 forecasts

2010-11 forecasts

Economic growth

1.0%

1.5%

2.75%

Household consumption

1.4%

0.75%

2.75%

Business investment

6.7%

-6.5%

5.5%

Inflation (CPI)

1.5%

2.25%

2.25%

Wage price index

3.8%

3.25%

3.5%

Unemployment Rate

5.7%

6.75%

6.5%

Participation Rate

65.4%

65%

65%

Employment growth

0.1%

0.25%

1.5%

Current account
(% GDP)

-3.2%

-5.75%

-5.25%

Terms of trade

7.6%

-9.25%

3.5%

Exports

1.8%

1.5%

4.5%

Imports

-2.5%

2.5%

8%

Source: 2009-10 Mid-Year Economic and Fiscal Outlook, Part 2

†Because Treasury uses complex accounting methods, revenue and expenditure do not add up precisely to the fiscal balance of underlying cash balance.

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