Download the full Asia-Pacific Daily Briefing The Reserve Bank of Australia used its first meeting of 2023 to push the cash rate up 25 basis points to 3.35%—a 14-year high. The central bank’s statement took a hawkish tone, indicating that more hikes are to be expected. At the same time, it acknowledged that rate hikes to date are already hurting households. Banks have yet to fully pass along increases in rate hikes; owner-occupier housing...
GDP | Reference | Last | Previous | Units | Frequency |
---|---|---|---|---|---|
Real Private Consumption | 2022 Q2 | 287,574 | 281,512 | Mil. Ch. Jul19-Jun20 AUD, SA | Quarterly |
Real Fixed Investment (gross fixed capital formation) | 2022 Q2 | 122,711 | 122,520 | Mil. Ch. Jul19-Jun20 AUD, SA | Quarterly |
Private Consumption | 2022 Q2 | 304,228 | 293,411 | Mil. AUD, SA | Quarterly |
Nominal Gross Domestic Product | 2022 Q2 | 609,133 | 584,299 | Mil. AUD, SA | Quarterly |
Nominal Fixed Investment (gross fixed capital formation) | 2022 Q2 | 135,378 | 132,333 | Mil. AUD, SA | Quarterly |
Real Gross Domestic Product | 2022 Q2 | 533,092 | 528,374 | Mil. Ch. Jul19-Jun20 AUD, SA | Quarterly |
Real Government Consumption | 2021 Q2 | 105,543 | 104,203 | Mil. Ch. Jul18-Jun19 AUD, SA | Quarterly |
Government Consumption | 2021 Q2 | 109,460 | 107,494 | Mil. AUD, SA | Quarterly |
Real Investment | 2017 | 421,493,000,000 | 419,805,000,000 | NCU | Annual |
Investment | 2017 | 424,279,000,000 | 419,805,000,000 | NCU | Annual |
Price | Reference | Last | Previous | Units | Frequency |
Producer Price Index (PPI) | 2022 Q4 | 123.2 | 122.3 | Index FY 2012=100, NSA | Quarterly |
Consumer Price Index (CPI) | 2022 Q4 | 130.8 | 128.4 | Index FY 2012=100, NSA | Quarterly |
Labor | Reference | Last | Previous | Units | Frequency |
Agriculture Employment | 2022 Q4 | 300.15 | 295.58 | Ths. #, NSA | Quarterly |
Labor Force | 2017 | 12,910,684 | 12,741,985 | # | Annual |
Unemployment Rate | 2017 | 5.59 | 5.72 | % of total labor force | Annual |
Wage & Salaries | 2016 | 47,610,000,000 | 45,343,000,000 | NCU | Annual |
Trade | Reference | Last | Previous | Units | Frequency |
Imports of Goods | Dec 2022 | -45,604 | -45,159 | Mil. AUD, SA | Monthly |
Balance of Goods | Dec 2022 | 12,237 | 13,475 | Mil. AUD, SA | Monthly |
Exports of Goods | Dec 2022 | 57,841 | 58,634 | Mil. AUD, SA | Monthly |
Current Account Balance | 2022 Q3 | -2,278 | 14,745 | Mil. AUD, SA | Quarterly |
Exports of Goods and Services | 2022 Q2 | 172,291 | 150,221 | Mil. AUD, SA | Quarterly |
Real Imports of Goods and Services | 2022 Q2 | 110,271 | 109,516 | Mil. Ch. Jul19-Jun20 AUD, SA | Quarterly |
Imports of Goods and Services | 2022 Q2 | 129,207 | 123,475 | Mil. AUD, SA | Quarterly |
Real Exports of Goods and Services | 2022 Q2 | 112,473 | 106,649 | Mil. Ch. Jul19-Jun20 AUD, SA | Quarterly |
Real Net Exports | 2021 Q2 | 5,163 | 10,030 | Mil. Ch. Jul18-Jun19 AUD, SA | Quarterly |
Net Exports | 2021 Q2 | 28,902 | 25,433 | Mil. AUD, SA | Quarterly |
Government | Reference | Last | Previous | Units | Frequency |
Outstanding Public Debt | Dec 2022 | 3,508 | 3,497 | AUD Bil., SA | Monthly |
Markets | Reference | Last | Previous | Units | Frequency |
Monetary Policy Rate | 08 Feb 2023 | 3.35 | 3.35 | Percent, NSA | Daily |
Average Long-term Government Bond | 07 Feb 2023 | 3.59 | 3.46 | %, NSA | Business Daily |
Money Market Rate | 07 Feb 2023 | 3.07 | 3.07 | Percent, NSA | Business Daily |
Stock Market Index | 07 Feb 2023 | 7,713 | 7,745 | Index, NSA | Daily |
Lending Rate | Nov 2019 | 4.8 | 4.8 | % p.a., NSA | Monthly |
Real Estate | Reference | Last | Previous | Units | Frequency |
Residential Building Permits | Dec 2022 | 16,556 | 13,977 | #, SA | Monthly |
Non-residential Building Completions | 2022 Q3 | 12,464,292 | 12,330,295 | Ths. Ch. AUD, SA | Quarterly |
Building Completions | 2022 Q3 | 30,636,164 | 30,274,448 | Ths. Ch. AUD, SA | Quarterly |
Residential Building Completions | 2022 Q3 | 15,516,374 | 15,142,193 | Ths. Ch. AUD, SA | Quarterly |
Housing Starts | 2022 Q3 | 28,895 | 30,374 | #, SA | Quarterly |
Residential Housing Starts | 2022 Q3 | 16,139 | 17,102 | #, SA | Quarterly |
House Price Index | 2021 Q4 | 195.45 | 187.05 | Index FY 2012=100, SA | Quarterly |
House Price Value | 2021 Q2 | 619,804 | 590,891 | AUD, NSA | Quarterly |
Consumer | Reference | Last | Previous | Units | Frequency |
Consumer Confidence | Jan 2023 | 84.29 | 80.29 | Index, SA | Monthly |
Retail Sales | Dec 2022 | 34,472 | 35,872 | Mil. AUD, SA | Monthly |
Personal Income | 2021 Q2 | 16,788 | 16,486 | Mil. Ch. Jul18-Jun19 AUD, SA | Quarterly |
Real Retail Sales | 2021 Q2 | 87,049 | 86,391 | Mil. Ch. FY 2019 AUD, SA | Quarterly |
Business | Reference | Last | Previous | Units | Frequency |
Business Confidence | Nov 2022 | 99.85 | 100.17 | Index long term avg=100, SA | Monthly |
Change in Inventories | 2022 Q2 | 1,790 | 8,362 | Mil. AUD, SA | Quarterly |
Real Change in Inventories | 2022 Q2 | 1,561 | 7,816 | Mil. Ch. Jul19-Jun20 AUD, SA | Quarterly |
Industrial Production | 2022 Q2 | 99.9 | 99.6 | Index Jul19-Jun20=100, SA | Quarterly |
Demographics | Reference | Last | Previous | Units | Frequency |
Births | 2022 Q2 | 76.6 | 74.3 | Ths. #, NSA | Quarterly |
Deaths | 2022 Q2 | 46.5 | 46.2 | Ths. #, NSA | Quarterly |
Population | 2022 Q2 | 25,978,935 | 25,890,773 | #, NSA | Quarterly |
Net Migration | 2017 | 849,966 | # | Annual | |
Birth Rate | 2016 | 12.5 | # per Ths. pop. | Annual | |
Death Rate | 2005 | 6.4 | 6.5 | # per Ths. pop. | Annual |