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 2022 | $m | 533,092 | 0.9% | 3.6% |
| Gross domestic product GDP, Chain volume measures - annual (a) | 2021-22 | $m | 2,090,347 | 3.9% | na |
| Indicator | Period | Unit | Value | Change previous period | Change same period last year |
|---|---|---|---|---|---|
| Balance on Goods and Services - seasonally adjusted | July 2022 | $m | $8,733m | -49.0% | na |
| Total Goods and Services Credits - seasonally adjusted | July 2022 | $m | $55,282m | -9.9% | 18.2% |
| Total Goods and Services Debits - seasonally adjusted | July 2022 | $m | $46,549m | 5.2% | 40.8% |
| Balance on Current Account - seasonally adjusted | June 2022 | $m | 18,324 | 560.6% | -9.0% |
| Net International Investment Position (IIP) - original | June 2022 | $m | 834,393 | -2.2% | -1.2% |
| Net Foreign Debt - original | June 2022 | $m | 1,157,730 | 1.3% | -3.1% |
| Indicator | Period | Unit | Value | Change previous period | Change same period last year |
|---|---|---|---|---|---|
| Retail turnover at current prices - seasonally adjusted | July 2022 | $m | 34,669.3 | 1.3% | 16.5% |
| Actual New Capital Expenditure in volume terms - seasonally adjusted | Jun qtr 2022 | $m | $33,907 million | -0.3% | 2.0% |
| Inventories held by Private Businesses, in volume terms - seasonally adjusted | Jun qtr 2022 | $m | 179,166 | 0.3% | 4.2% |
| 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 2022 | $m | 91,138 | 0.3% | -0.7% |
| Dwelling unit approvals - seasonally adjusted | July 2022 | no. | 13,595 | -17.2% | -25.9% |
| Building approvals - seasonally adjusted | July 2022 | Sm | 10,826.7 | -12.9% | -7.7% |
| Total dwelling units commenced - seasonally adjusted | Mar qtr 2022 | no. | 49,017 | -6.5% | -6.7% |
| Building work done - chain volume measures - seasonally adjusted | Jun Qtr 2022 | ($ Millions) | 29,587.1 | -4.6% | -4.4% |
| Engineering construction work done - chain volume measures - seasonally adjusted | Jun Qtr 2022 | ($ Millions) | 22,486.5 | -2.7% | -4.1% |
| Indicator | Period | Unit | Value | Change previous period | Change same period last year |
|---|---|---|---|---|---|
| Consumer price index (2011-12 = 100.0) - original | Jun 2022 Qtr | Index no. | 126.1 | 1.8% | 6.1% |
| Producer Price Indexes, Final Demand (2011-12 = 100.0) - original | Jun Qtr 2022 | Index no. | 120.0 | 1.4 | 5.6 |
| Import price index (2011-12 = 100.0) - original | Jun qtr 2022 | Index no. | 132.0 | 4.3% | 22.1% |
| Export price index (2011-12 = 100.0) - original | Jun qtr 2022 | Index no. | 190.4 | 10.1% | 38.7% |
| Wage Price Index (2008-2009 = 100.0) - original | Jun qtr 2022 | Index no. | 140.1 | 0.6% | 2.6% |
| Indicator | Period | Unit | Value | Change previous period | Change same period last year |
|---|---|---|---|---|---|
| Employed persons - seasonally adjusted | August 2022 | '000 | 13,592.1 | 33.5 | 570.3 |
| Participation rate - seasonally adjusted | August 2022 | % | 66.6 | 0.2 pts | 1.4 pts |
| Unemployment rate - seasonally adjusted | August 2022 | % | 3.5 | 0.1 pts | -1.1 pts |
| Employment to Population ratio - seasonally adjusted | August 2022 | % | 64.3 | 0.1 pts | 2.0 pts |
| Job Vacancies - seasonally adjusted | May 2022 | '000 | 480.1 | 13.8% | 29.7% |
| Estimated resident population - (preliminary) | Mar qtr 2022 | '000 | 25,890.8 | 0.48 | 0.9 |
| Short-term overseas visitor arrivals - original (b) | July 2022 | no. | 325,680 | 50,380 | 306,960 |
| Indicator | Period | Unit | Value | Change previous period | Change same period last year |
|---|---|---|---|---|---|
| Company gross operating profits (in current price terms) - seasonally adjusted | Jun qtr 2022 | $m | 150,588 | 7.6% | 28.5% |
| Average weekly ordinary time earnings, full-time adults | May 2022 | $ | 1769.80 | np | 1.9% |
| Indicator | Period | Unit | Value | Change previous period | Change same period last year |
|---|---|---|---|---|---|
| New housing loan commitments - seasonally adjusted | July 2022 | $b | 28.35 | -8.5% | -11.3% |
| New housing loan commitments to Owner Occupiers - seasonally adjusted | July 2022 | $b | 19.05 | -7.0% | -15.9% |
| New housing loan commitments to Investors - seasonally adjusted | July 2022 | $b | 9.30 | -11.2% | -0.0% |
| New personal loan commitments for fixed term loans - seasonally adjusted | July 2022 | $b | 2.10 | 7.7% | 7.2% |
| New business loan commitments for construction - seasonally adjusted | July 2022 | $b | 1.48 | -35.4% | -38.4% |
| New business loan commitments for the purchase of property - seasonally adjusted | July 2022 | $b | 8.18 | 40.2% | 2.5% |
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. Original series now provided.