Key Australian Statistics

Latest

Date

12 months ago

Economic growth

1.40%

Q2 2011

3.10%

Unemployment

5.30%

Aug-11

5.10%

Participation rate

65.60%

Aug-11

65.50%

Inflation (CPI)

3.60%

Q2 2011

3.10%

Underlying Inflation

2.60%

Q2 2011

2.70%

Wage price index

3.80%

Q2 2011

3.10%

Household savings

10.50%

Q2 2011

11.70%

RBA cash rate

4.75%

30-Sep-11

4.50%

External Accounts

Latest

Date

12 months ago

Current account (qtr, A$m)

-$7,400

Q2 2011

-$4,500

CAD (qtr % of GDP)

2.10%

Q2 2011

1,30%

Balance on good and servies (qtr)

$5,600

Q2 2011

-$6,500

Exports (A$m)

$77,900

Q2 2011

$74,400

Imports (A$m)

$72,300

Q2 2011

$67,900

Net foreign debt (A$m)

$675,000

Q2 2011

$684,000

Net foreign debt (% of GDP)

50.20%

Q2 2011

50.80%

Net foreign equity (A$m)

$106,100

Q2 2011

$92,500

Terms of trade (% y/y)

12.90%

Q2 2011

20.90%

Trade weighted index

70.4

Q3 2011

72.9

2010-2011 Budget (UBS Forecasts, A$m)

2010-11

% of GDP

2011-12

% of GDP

Fiscal balance

na

na

na

na

Underlying cash balance

-$35,000

-2.50%

-$3,384

-0.20%

Revenue

na

na

na

na

Expenditure

na

na

na

na

2010-2011 Budget (Government Forecasts, A$m)

2010-11

% of GDP

2011-12

% of GDP

Fiscal balance

-$51,500

-3.70%

-$20,300

-1.40%

Underlying cash balance

-$47,700

-3.40%

-$22,600

-1.50%

Revenue

$309,900

na

$342,390

na

Expenditure

$356,100

na

$362,078

na

Treasury Forecasts

2010-2011 forecasts

2011-2012 forecasts

2012-2013 forecasts

Economic growth

2.25%

4.00%

3.75%

Household consumption

3.00%

3.50%

3.50%

Business investment

4.5%

16.0%

14.5%

Inflation (CPI)

3.25%

2.75%

3.00%

Wage price index

4%

4%

4.25%

Unemployment rate

5.00%

4.75%

4.50%

Participation rate

66%

66%

66%

Employment growth

2.75%

1.75%

1.75%

Current account (% GDP)

-2%

-4%

-5.25%

Terms of trade

19.25%

-0.25%

-3.00%

Exports

4%

6.5%

5.5%

Imports

9%

10.5%

8.5%