Australia | Economic Forecasts | 2014-2030 Outlook

Markets Last Q4 Q1 Q2 2015 2020 2030
Currency 0.88 0.85 0.85 0.9 0.88 0.85 0.8 [+]
Government Bond 10Y 3.49 3.58 3.65 3.7 4 5 6 [+]
Stock Market 5287.10 5643 5590 5554 5498 6306 6964 [+]
GDP Last Q4 Q1 Q2 2015 2020 2030
GDP 1560.60 1585 1564 1593 1617 1900 2200 [+]
GDP Growth Rate 0.50 0.65 0.7 0.8 0.85 2.97 2.97 [+]
GDP Annual Growth Rate 3.10 2.27 3 3.56 3.12 2.54 2.79 [+]
GDP Constant Prices 394929.00 397820 401863 403508 410664 481757 609086 [+]
Gross National Product 374613.00 380999 382533 383501 389773 412791 455278 [+]
GDP per capita 37492.85 37710 37775 37836 38381 39188 39844 [+]
Gross Fixed Capital Formation 104913.00 104714 104717 104720 104721 104721 104721 [+]
GDP per capita PPP 42809.93 43058 43132 43202 43824 44745 45495 [+]
Labour Last Q4 Q1 Q2 2015 2020 2030
Unemployment Rate 6.10 6.1 6.2 6.4 6.4 5.8 5.8 [+]
Employed Persons 11703.51 11692 11764 11814 12066 12905 14255 [+]
Full Time Employment 14332.80 18352 18431 18374 17942 17906 17906 [+]
Employment Change 121036.50 43755 54857 57598 54590 53968 53969 [+]
Unemployed Persons 755.07 762 782 788 801 806 806 [+]
Job Vacancies 133292.30 131172 131892 134617 131834 129812 130386 [+]
Youth Unemployment Rate 14.10 13.9 14.16 14.5 14.54 14.02 14.02 [+]
Productivity 105.90 107 107 108 109 110 111 [+]
Labor Force Participation Rate 65.24 64.64 64.89 64.91 64.93 64.9 64.9 [+]
Wages 1123.00 1140 1300 1153 1172 1181 1300 [+]
Wages In Manufacturing 1216.30 1324 1342 1348 1392 1264 1500 [+]
Labour Costs 101.20 102 102 102 104 104 104 [+]
Population 23.13 23.38 23.16 23.54 23.78 25.21 27.34 [+]
Retirement Age Women 64.50 65 65 65 65 66 69 [+]
Retirement Age Men 65.00 65 65 65 65 66 69 [+]
Minimum Wages 622.20 634 637 641 651 687 590 [+]
Prices Last Q4 Q1 Q2 2015 2020 2030
Inflation Rate 3.00 2.8 2.4 2.6 2.8 4.01 3.61 [+]
Inflation Rate Mom 0.50 0.95 0.53 0.49 0.67 2 2 [+]
Consumer Price Index CPI 105.90 107 109 107 109 110 111 [+]
Core Inflation Rate 2.81 2.96 2.98 2.96 2.83 2.87 2.85 [+]
Core Consumer Prices 106.10 107 108 108 110 114 115 [+]
GDP Deflator 101.40 102 103 103 104 99.28 100 [+]
Producer Prices 103.80 104 104 104 106 107 108 [+]
Producer Prices Change 2.27 2.6 2.76 2.68 2.18 3.91 3.54 [+]
Export Prices 88.80 82.75 83.74 85.45 86.27 86.7 87.56 [+]
Import Prices 105.10 104 104 104 105 106 107 [+]
Food Inflation 2.50 3.1 3.16 2.9 2 2.49 2.49 [+]
Money Last Q4 Q1 Q2 2015 2020 2030
Interest Rate 2.50 2.5 2.5 2.5 2.75 3.25 4.5 [+]
Interbank Rate 2.88 2.9 3.1 3.2 3.5 4 5 [+]
Money Supply M1 303466.00 306033 308479 311434 323460 384227 505296 [+]
Money Supply M3 1665651.00 1690640 1713182 1733833 1802087 1936110 1973964 [+]
Central Bank Balance Sheet 136301.00 157368 142514 139147 139616 139454 139454 [+]
Foreign Exchange Reserves 62714.00 62969 65378 64351 62008 62778 62928 [+]
Loans to Private Sector 1960512.00 1981954 2018446 2050369 2155337 2896144 4538339 [+]
Banks Balance Sheet 3309.11 3368 3387 3400 3414 3419 3419 [+]
Money Supply M0 86.11 107 104 102 104 104 105 [+]
Trade Last Q4 Q1 Q2 2015 2020 2030
Balance of Trade -787.00 -1121 -1430 -1549 -1337 -1292 -1308 [+]
Exports 26372.00 27634 27444 27256 28761 29556 31040 [+]
Imports 27159.00 28755 28874 28805 30112 30868 32381 [+]
Current Account -13742.00 -9187 -9836 -10404 -11113 -9540 -10399 [+]
Current Account to GDP -2.90 -2.45 -2.81 -2.52 -2.84 -0.1 -0.05 [+]
External Debt 1513542.00 1645128 1666454 1664103 1582001 1521264 1417272 [+]
Terms of Trade 87.10 86.15 86.22 86.75 88.04 87 87.25 [+]
Foreign Direct Investment 52667.00 52403 52416 52411 52399 52401 52401 [+]
Capital Flows 10854.00 9884 9477 9523 11107 17801 29830 [+]
Tourist Arrivals 452400.00 531438 695787 589278 692244 692717 692717 [+]
Gold Reserves 79.85 79.85 79.85 79.85 79.85 79.85 79.85 [+]
Crude Oil Production 350.00 357 365 323 397 466 485 [+]
Government Last Q4 Q1 Q2 2015 2020 2030
Government Budget -1.20 -1.3 -1.3 0.81 -1.3 2.08 2.14 [+]
Government Debt to GDP 20.48 20.33 20.46 20.24 20.12 19.63 19.35 [+]
Government Budget Value -7126.00 -8156 -5226 -3987 -5068 -5100 -5100 [+]
Government Spending 68422.00 68562 68550 68543 69229 69572 70257 [+]
Credit Rating 96.54 [+]
Business Last Q4 Q1 Q2 2015 2020 2030
Business Confidence 8.00 8.26 8.08 9.53 7.24 7.47 7.48 [+]
Manufacturing PMI 46.50 47.9 47.68 48.33 47.87 47.81 47.8 [+]
Services PMI 49.40 49.5 52.37 54.21 52.82 52.57 52.57 [+]
Industrial Production 4.63 5.31 5.31 5.05 4.47 4.96 4.85 [+]
Manufacturing Production -0.51 -2.32 -2.2 -2.09 0.05 0.29 0.54 [+]
Capacity Utilization 80.68 80.65 80.76 80.54 80.56 80.55 80.54 [+]
New Orders 3.00 13.83 12.9 10.89 11.07 9.93 9.94 [+]
Changes in Inventories 1072.00 -893 -650 -576 -697 -684 -684 [+]
Bankruptcies 841.00 600 753 720 639 361 199 [+]
Corporate Profits 65127.00 63916 64032 64012 64009 64009 64009 [+]
Car Registrations 91391.00 93266 93657 92356 94035 120087 150901 [+]
Industrial Production Mom -0.36 1.97 1.73 1.58 1.76 3.85 3.95 [+]
Leading Economic Index 98.05 98.05 98.03 98.02 98.02 98.02 98.02 [+]
Total Vehicle Sales 93479.00 3448 3448 2069 1293 1034 862 [+]
Consumer Last Q4 Q1 Q2 2015 2020 2030
Consumer Confidence 93.97 98.28 90.82 89.27 92.95 92.49 92.3 [+]
Retail Sales MoM 0.10 0.15 -0.08 0.13 0.24 0.49 0.74 [+]
Retail Sales YoY 5.00 2.39 3.93 6.03 5.85 5.8 5.8 [+]
Consumer Spending 210714.00 213025 213728 214355 219740 225688 230575 [+]
Disposable Personal Income 268490.00 271601 272946 273994 278589 281428 284207 [+]
Personal Savings 9.70 9.28 9.71 9.8 9.89 0.9 0.09 [+]
Consumer Credit 2204936.00 2227394 2260514 2292893 2409606 2909979 3451960 [+]
Private Sector Credit 0.40 0.6 0.53 0.56 0.56 0.55 0.55 [+]
Bank Lending Rate 9.30 9.3 9.3 9.3 9.3 9.3 9.3 [+]
Housing Last Q4 Q1 Q2 2015 2020 2030
Housing Index 1.80 2.6 2.8 1.69 2.34 2.55 2.45 [+]
Building Permits 3.00 -2.25 -1.51 -0.99 -1.02 -1.11 -1.11 [+]
New Home Sales 7054.00 6947 6919 8291 6811 6848 6847 [+]
Taxes Last Q4 Q1 Q2 2015 2020 2030
Corporate Tax Rate 30.00 30 30 30 30 30 30 [+]
Personal Income Tax Rate 45.00 45 45 45 45 45 45 [+]
Sales Tax Rate 10.00 10 10 10 10 10 10 [+]
Social Security Rate 10.75 11 11 11 11 10 11 [+]
Social Security Rate For Companies 9.25 9 9 9 10 9 9 [+]
Social Security Rate For Employees 1.50 2 2 2 2 2 2 [+]






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This page includes economic forecasts for Australia. 10/2/2014