 | Main
Features | Period | Units | Value | % Change
Previous
Period | % Change
Corresponding
Period Last
Year |  |
| National Accounts |  | |  | |  |  |  |
| Gross domestic product GDP, Chain volume measures - Trend | | Dec qtr 2006 | $m | 235 522 | 0.6 | 2.4 |  |
| Gross domestic product GDP, Chain volume measures - Annual | | 2005 – 06 | $m | 922 637 | 2.9 | na |  |
International Accounts |  | | | | | |  |
| Balance on goods and services - Trend* | | Jan/07 | $m | -1 192 | .. | .. |  |
| Total Goods and Services Credits - Trend | | Jan/07 | $m | 17 967 | - | .. |  |
| Total Goods and Services Debits - Trend | | Jan/07 | $m | 19 160 | 1 | .. |  |
| Balance on Current Account - Trend** | | Dec Qtr 2006 | $m | -14 250 | -6 | .. |  |
| Net International Investment Position (IIP) - Original | | Dec Qtr 2006 | $m | 606 932 | 6 | .. |  |
| Net Debt - Original | | Dec Qtr 2006 | $m | 521 161 | 1 | .. |  |
* Note : A trend break correction of $600m has been applied in April 2005 to total goods and services credits.
**Note: A trend break of $1.8b has been applied to Goods credits - see Changes in this issue for details. |  |
Consumption and investment |  |  |  |  |  |  |  |
| Retail turnover at current prices - Trend | | February 2007 | $m | 18 720.9 | 0.5 | 6.4 |  |
| Actual New Capital Expenditure in volume terms - Trend | | December 2006 | $m | 17 963 | -1.8 | 0.8 |  |
| Inventories held by Private Businesses, in volume terms - Trend | | Dec qtr 2006 | millions | 104 461 | -0.7 | -2.1 |  |
| Total new motor vehicle sales - Trend | | February 2007 | no. | 85 677 | 1.3 | 6.7 |  |
Production |  |  |  |  |  |  |  |
| Income from sales of goods and services by Manufacturers in volume terms - Trend | | Dec qtr 2006 | millions | 78 105 | 0.9 | 1.0 |  |
| Dwelling unit approvals - Trend | | Mthly February 2007 | no. | 12 553 | 0.6 | 2.0 |  |
| Building approvals -Trend | | Mthly February 2007 | $m | 5 561.1 | 1.1 | 12.3 |  |
| Total dwelling units commenced - trend | | Dec qtr 2006 | no. | 37 357 | -1.2 | -0.5 |  |
| Building work done - Chain Volume Measures - Trend | | Dec qtr 2006 | $m | 15 391.6 | 1.5 | 5.0 |  |
| Engineering construction work done - Chain Volume Measures - trend | | Dec qtr 2006 | $m | 11 036.2 | 1.2 | 8.1 |  |
Prices |  | | | | | |  |
| Consumer price index (1989-90 = 100.0) - Original | | Dec qtr 2006 | Index no. | 155.5 | -0.1 | 3.3 |  |
| Producer price index, Final commodities (1998-99 = 100.0) - Original | | Dec qtr 2006 | Index no. | 123.9 | 0.2 | 3.5 |  |
| Import price index (1989-90 = 100.0) - Original | | Dec qtr 2006 | Index no. | 115.7 | -3.2 | 0.0 |  |
| Export price index (1989-90 = 100.0) - Original | | Dec qtr 2006 | Index no. | 146.7 | 0.2 | 11.1 |  |
| Labour Price Index (2003-04 = 100.0) - Original | | Dec qtr 2006 | index no. | 111.8 | 1.0 | 4.0 |  |
Labour Force and Demography |  |  |  |  |  |  |  |
| Employed persons - Trend | | Mthly Feb 2007 | '000 | 10 350.4 | 0.1% | 2.9% |  |
| Participation rate - Trend | | Mthly Feb 2007 | % | 64.8 | 0.0 pts | 0.4 pts |  |
| Unemployment rate - Trend | | Mthly Feb 2007 | % | 4.6 | 0.0 pts | -0.6 pts |  |
| Job vacancies - Trend | | November 2006 | '000 | 162.1 | 3.1 | 17.2 |  |
| Estimated resident population - Original (preliminary) | | Q3/06 | '000 | 20,674.4 | 0.3 | 1.3 |  |
| Short-term overseas visitor arrivals - Trend | | Monthly Jan 2007 | '000 | 475.9 | 0.8 | 3.5 |  |
| (a) For unemployment and participation rates, the changes are given as percentage points. |  |
Incomes |  |  |  |  |  |  |  |
| Company gross operating profits (in current price terms) - Trend | | Dec qtr 2006 | millions | 43 630 | 2.1 | 9.0 |  |
| Average weekly earnings, full-time adults: ordinary time - Trend | | November 2006 | $ | 1 058.90 | 0.7 | 3.0 |  |
| Company Profits before Income Tax (5676.0) has been omitted from this table since the December Quarter 2006 as it is not directly used in compiling National Accounts estimates. |  |
Housing Finance |  |  |  |  |  |  |  |
| Housing finance for owner occupation, dwellings financed - Trend | | January 2007 | no. |
61 608 | -0.1 | 4.5 |  |