Australia in a nutshell

The following information is derived from ABS data.

	Main Features	Period	Units	Value	Change Previous Period	Change Corresponding Period Last Year
National Accounts
Gross domestic product GDP, Chain volume measures - Trend	5206.0	Dec Qtr 2016	$m	421 338	0.3%	1.9%
Gross domestic product GDP, Chain volume measures - Annual	5206.0	2015-16	$m	1 659 783	2.6%	na
International Accounts
Balance on Goods and Services - Trend	5368.0	Feb 2017	$m	3 320	19.6%	..
Total Goods and Services Credits - Trend	5368.0	Feb 2017	$m	32 957	2.0%	30.9%
Total Goods and Services Debits - Trend	5368.0	Feb 2017	$m	29 637	0.3%	5.0%
Balance on Current Account - Trend	5302.0	Dec Qtr 2016	$m	-5 437	43.8%	73.7%
Net International Investment Position (IIP) - Original	5302.0	Dec Qtr 2016	$m	1 021 612	-1.9%	6.3%
Net Foreign Debt - Original	5302.0	Dec Qtr 2016	$m	1 023 055	-2.4%	0.1%

Consumption and investment
Retail turnover at current prices - Trend	8501.0	February 2017	$m	25726.4	0.1%	2.9%
Actual New Capital Expenditure in volume terms - Trend	5625.0	Dec 2016	$m	27393	-3.1%	-14.4%
Inventories held by Private Businesses, in volume terms - Trend	5676.0	Dec 2016	$m	155 921	0.7%	1.8%
Total new motor vehicle sales - Trend	9314.0	March 2017	no.	96 023	-0.3%	-2.0%

Production
Income from sales of goods and services by Manufacturers in volume terms - Trend	5676.0	Dec 2016	$m	81 807	-0.7%	-3.2%
Dwelling unit approvals - Trend	8731.0	Feb 2017	no.	17 639	0.8%	-11.5%
Building approvals -Trend	8731.0	Feb 2017	$m	8 725.3	-0.1%	-5.2%
Total dwelling units commenced - trend	8752.0	Dec 2016	no.	56 357	-1.5%	-3.1%
Building work done - Chain Volume Measures - Trend	8755.0	Dec 2016	$m	26 619.7	-0.6%	1.9%
Engineering construction work done - Chain Volume Measures - trend	8755.0	Dec 2016	$m	19 269.7	-4.7%	-22.2%

Prices
Consumer price index (2011-12 = 100.0) - Original	6401.0	Mar Qtr 2017	Index no.	110.5	0.5	2.1
Producer Price Indexes, Final Demand (2011-12 = 100.0) - Original	6427.0	Dec Qtr 2016	Index no.	106.8	+0.5%	+0.7%
Import price index (2011-12 = 100.0) - Original	6457.0	Dec Qtr 2016	Index no.	102.7	0.2%	–4.6%
Export price index (2011-12 = 100.0) - Original	6457.0	Dec Qtr 2016	Index no.	86.0	12.4%	12.4%
Wage Price Index (2008-2009 = 100.0) - Original	6345.0	Dec Qtr 2016	Index no.	125.1	0.4%	2.0%
Labour Force and Demography
Employed persons - Trend	6202.0	Mar 2017	'000	12 033.4	0.1%	0.8%
Participation rate - Trend	6202.0	Mar 2017	%	64.7	0.0 pts	-0.4 pts
Unemployment rate - Trend	6202.0	Mar 2017	%	5.9	0.0 pts	0.0 pts
Employment to Population ratio - Trend	6202.0	Mar 2017	%	60.9	0.0 pts	-0.3 pts
Job Vacancies - Trend	6354.0	Feb 2017	'000	186.4	2.6%	9.4%
Estimated resident population - (Preliminary)	3101.0	Sep Qtr 2016	'000	24,220.2	0.4%	1.5%
Short-term overseas visitor arrivals - Trend (a)	3401.0	February 2017	'000	713.5	0.3%	7.7%
For unemployment and participation rates, the changes are given as percentage points.
Incomes
Company gross operating profits (in current price terms) - Trend	5676.0	Dec 2016	$m	74 291	9.3%	20.0%
Average weekly earnings, full-time adults: ordinary time - Trend	6302.0	Nov 2016	$	1533.10	np	2.2%

Housing Finance
Housing finance for owner occupation, dwellings financed - Trend	5609.0	February 2017	no.	55070	0.3%	-1.5%

na not available
np not published
. . not applicable or not available
(a) Data revised from July 2004 to December 2013. For information see Explanatory Note 12 & 13.

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