Key economic indicators
Overview of key economic statistics.
All data is seasonally adjusted data unless stated otherwise.
Trend series suspended as at March 2019 due to the impacts of COVID-19.
| Indicator | Period | Unit | Value | Change previous period | Change same period last year |
|---|---|---|---|---|---|
| Gross domestic product GDP, Chain volume measures - seasonally adjusted | Jun Qtr 2021 | $m | 505,134 | 0.7% | 9.6% |
| Gross domestic product GDP, Chain volume measures - annual (a) | 2020-21 | $m | 1,975,866 | 1.4% | na |
| Indicator | Period | Unit | Value | Change previous period | Change same period last year |
|---|---|---|---|---|---|
| Balance on Goods and Services - seasonally adjusted | July 2021 | $m | 12,117 | na | na |
| Total Goods and Services Credits - seasonally adjusted | July 2021 | $m | 45,951 | 4.8% | -4.3% |
| Total Goods and Services Debits - seasonally adjusted | July 2021 | $m | 33,834 | 3.3% | 5.7% |
| Balance on Current Account - seasonally adjusted | June 2021 | $m | 20,461 | na | na |
| Net International Investment Position (IIP) - original | June 2021 | $m | 885,123 | -3.26% | na |
| Net Foreign Debt - original | June 2021 | $m | 1,186,356 | 1.94% | na |
| Indicator | Period | Unit | Value | Change previous period | Change same period last year |
|---|---|---|---|---|---|
| Retail turnover at current prices - seasonally adjusted | July 2021 | $m | 29778.6 | -2.7 | -3.1 |
| Actual New Capital Expenditure in volume terms - seasonally adjusted | Jun Qtr 2021 | $m | 32,675 million | 4.4% | 11.5% |
| Inventories held by Private Businesses, in volume terms - seasonally adjusted | Jun qtr 2021 | $m | 168,529 | 0.2% | 2.4% |
| Total new motor vehicle sales | Dec 2017 | no. | 99,756 | 0.2% | 2.8% |
| Indicator | Period | Unit | Value | Change previous period | Change same period last year |
|---|---|---|---|---|---|
| Income from sales of goods and services by Manufacturers in volume terms - seasonally adjusted | Jun qtr 2021 | $m | 89,266 | -0.2% | 8.1% |
| Dwelling unit approvals - seasonally adjusted | July 2021 | no. | 17,601 | -8.6% | 21.5% |
| Building approvals - seasonally adjusted | July 2021 | $m | 10,817.6 | -15.9% | 15.9% |
| Total dwelling units commenced - seasonally adjusted | Mar 2021 | no. | 51,662 | 0.2 | 13.1 |
| Building work done - chain volume measures - seasonally adjusted | Jun 2021 | $m | 30,563.5 | 0.1% | 2.8% |
| Engineering construction work done - chain volume measures - seasonally adjusted | Jun 2021 | $m | 22,312 | 1.8% | -2.7% |
| Indicator | Period | Unit | Value | Change previous period | Change same period last year |
|---|---|---|---|---|---|
| Consumer price index (2011-12 = 100.0) - original | Jun 2021 Qtr | Index no. | 118.8 | 0.8% | 3.8% |
| Producer Price Indexes, Final Demand (2011-12 = 100.0) - original | June 2021 Qtr | Index no. | 113.6 | 0.7 | 2.2 |
| Import price index (2011-12 = 100.0) - original | Jun Qtr 2021 | Index no. | 108.1 | 1.9% | -2.5% |
| Export price index (2011-12 = 100.0) - original | Jun Qtr 2021 | Index no. | 137.3 | 13.2% | 26.0% |
| Wage Price Index (2008-2009 = 100.0) - original | Jun Qtr 2021 | Index no. | 136.5 | 0.3% | 1.8% |
| Indicator | Period | Unit | Value | Change previous period | Change same period last year |
|---|---|---|---|---|---|
| Employed persons - seasonally adjusted | August 2021 | '000 | 13,022.6 | -146.3 | 396.1 |
| Participation rate - seasonally adjusted | August 2021 | % | 65.2 | -0.8 pts | 0.2 pts |
| Unemployment rate - seasonally adjusted | August 2021 | % | 4.5 | -0.1 pts | -2.2 pts |
| Employment to Population ratio - seasonally adjusted | August 2021 | % | 62.2 | -0.7 pts | 1.7 pts |
| Estimated resident population - (preliminary) | Mar qtr 2021 | '000 | 25,704.3 | 0.1 | 0.1 |
| Short-term overseas visitor arrivals (b) | July 2021 | '000 | na | na | na |
| Indicator | Period | Unit | Value | Change previous period | Change same period last year |
|---|---|---|---|---|---|
| Company gross operating profits (in current price terms) - seasonally adjusted | Jun qtr 2021 | $m | 118,299 | 7.1% | 5.5% |
| Average weekly ordinary time earnings, full-time adults | May 2021 | $ | 1737.10 | np | 1.4% |
| Indicator | Period | Unit | Value | Change previous period | Change same period last year |
|---|---|---|---|---|---|
| New housing loan commitments - seasonally adjusted | July 2021 | $b | 32.12 | 0.2% | 68.2% |
| New housing loan commitments to Owner Occupiers - seasonally adjusted | July 2021 | $b | 22.77 | -0.4% | 58.3% |
| New housing loan commitments to Investors - seasonally adjusted | July 2021 | $b | 9.35 | 1.8% | 98.7% |
| New personal loan commitments for fixed term loans - seasonally adjusted | July 2021 | $b | 1.98 | 14.2% | 26.4% |
| New business loan commitments for construction - seasonally adjusted | July 2021 | $b | 2.96 | 56.0% | 28.1% |
| New business loan commitments for the purchase of property - seasonally adjusted | July 2021 | $b | 7.55 | 5.5% | 136.3% |
NA - not available
NP - not published
. . not applicable or not available
(a) Annualised estimate from the latest available quarterly publication.
(b) Trend series estimates suspended as at February 2020 due to the impacts of COVID-19.