Statistics

KEY AUSTRALIAN INDICATORS

 

Latest

Date

12 months ago

Economic growth

2.7%

Mar 10

0.4%

Unemployment

5.2%

May 10

5.8%

Participation rate

65.1%

May 10

65.3%

Inflation (CPI)

2.9%

Mar 10

2.5%

Underlying Inflation

3.1%

Mar 10

4.2%

Wage price index

+2.9%

Mar 10

+4.2%

Household savings

+1.3%

Mar 10

+1.3%

RBA cash rate

4.50%

May 10

3.00%

 
EXTERNAL ACCOUNTS

 

Latest

Date

12 months ago

Current account

-$61.8bn

Mar 10

-$40.5bn

CAD (% of GDP)

-4.9%

Mar 10

-3.4%

Balance on goods and services

-$15.3bn

Mar 10

+$3.1bn

Exports

$241.8bn

Apr 10

$289.5bn

Imports

$256.5bn

Apr 10

$284.8bn

Net foreign debt

$654.3bn

Mar 10

$657.4bn

Net foreign debt
(% of GDP)

51.6%

Mar 10

54.9%

Net foreign equity

$103.0bn

Mar 10

$50.9bn

Terms of trade
(2007-08=100)

104.6

Mar 10

106.2

Trade weighted index

67.3

Jun 10

64.7

Figures as at 4 July 2010
Source: Australia Bureau of Statistics, RBA

2010-11 Budget figures
 

2010-11

% of GDP

2011-12

% of GDP

Fiscal balance

-$39.6bn

-2.8%

-$12.1bn

-0.8%

Underlying cash balance

-$40.8bn

-2.9%

-$13.0bn

-0.9%

Revenue†

$321.8bn

22.9%

$356.4bn

24.0%

Expenditure†

$354.6bn

25.2%

$364.6bn

24.5%

 
TREASURY FORECASTS

 

2008-09
outcomes

2009-10 forecasts

2010-11 forecasts

Economic growth

1.3%

2.0%

3.25%

Household consumption

1.9%

2.75%

3.5%

Business investment

6.6%

-2.0%

7%

Inflation (CPI)

1.5%

3.25%

2.5%

Wage price index

3.8%

2.75%

3.75%

Unemployment Rate

5.7%

5.25%

5%

Participation Rate

65.4%

65.25%

65.5%

Employment growth

0.1%

2.5%

2.25%

Current account
(% GDP)

-3.0%

-4.75%

-3.75%

Terms of trade

9.6%

-3.75%

14.25%

Exports

0.1%

1.5%

5%

Imports

-2.8%

5%

9%

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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