Statistics

KEY AUSTRALIAN INDICATORS

 

Latest

Date

12 months ago

Economic growth

1.0%

Sep 11

0.3%

Unemployment

5.2%

Dec '11

4.9%

Participation rate

65.2%

Dec '11

65.8%

Inflation (CPI)

3.5%

Sep '11

2.8%

Underlying inflation

2.5%

Sep '11

2.7%

Wage price index

+3.6%

Sep '11

+3.5%

Household
savings ratio

+10.1%

Sep '11

+9.3%

RBA cash rate

4.25%

Jan '11

4.75%

 
EXTERNAL ACCOUNTS

 

Latest

Date

12 months ago

Current account

-$5.6bn

Sep '11

-$7.2bn

CAD (% of GDP)

-1.5%

Sep '11

-2.1%

Balance on goods and services

+$6.8bn

Sep '11

+$6.0bn

BOGS (% of GDP)

+1.9%

Sep '11

+1.7%

Primary income
(% of GDP)

-3.4%

Sep '11

-3.8%

Net foreign liabilities
(% of GDP)

59.6%

Sep '11

59.1%

Net foreign debt
(% of GDP)

52.1%

Sep '11

51.0%

Net foreign equity
(% of GDP)

7.6%

Sep '11

8.0%

Terms of trade
(2008-09=100)

131.5

Sep '11

116.2

Trade weighted index

75.8

Dec '11

75.8

Figures as at 24 January 2012
Source: Australia Bureau of Statistics, RBA

2011-12 Budget figures
 

2011-12

% of GDP

2012-13

% of GDP

Fiscal balance

-$20.3bn

-1.4%

+$4.0bn

+0.3%

Underlying cash balance

-$22.6bn

-1.5%

+$3.5bn

+0.2%

Revenue†

$350.0bn

23.7%

$383.1bn

24.6%

Expenditure†

$365.8bn

24.8%

$380.5bn

24.4%

 
TREASURY FORECASTS

 

2010-11
forecasts

2011-12 forecasts

2012-13 forecasts

Economic growth

2.25%

4.0%

3.75%

Household consumption

3.0%

3.5%

3.5%

Business investment

4.5%

16.0%

14.5%

Inflation (CPI)

3.25%

2.75%

3.0%

Wage price index

4.0%

4.0%

4.0%

Unemployment Rate

5.0%

4.75%

4.5%

Participation Rate

66.0%

66.0%

66.0%

Employment growth

2.75%

1.75%

1.75%

Current account
(% GDP)

-2.0%

-4.0%

-5.25%

Terms of trade

19.25%

-0.25%

-3.0%

Exports

4.0%

6.5%

5.5%

Imports

9.0%

10.5%

8.5%

Source: 2011-12 Commonwealth Budget Paper No 1

†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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