All data is trend data unless stated otherwise.

National accounts

Indicator Period Value Change previous period Change same period last year
Gross domestic product (GDP), Chain volume measures Jun Qtr 2019 $465,494 million
0.4%
1.5%
Gross domestic product (GDP), Chain volume measures - Annual 2018-19 $1,850,997 million
1.9%
NA

International accounts

Indicator Period Value Change previous period Change same period last year
Balance on goods and services July 2019 $7,291 million
4.1%
306.6%
Total goods and services credits July 2019 $42,297 million
0.6%
15.2%
Total goods and services debits July 2019 $35,006 million
-0.1%
0.2%
Balance on current account Jun Qtr 2019 $4,758 million
NA/NP
NA/NP
Net international investment position (IIP) - Original Jun Qtr 2019 $1,001,560 million
0.9%
2.9%
Net foreign debt - Original Jun Qtr 2019 $1,143,464 million
1.7%
8.5%

Consumption and investment

Indicator Period Value Change previous period Change same period last year
Retail turnover at current prices July 2019 $27,443.6 million
0.1%
2.4%
Actual new capital expenditure, in volume terms Jun Qtr 2019 $29,240 million
-0.7%
-1.3%
Inventories held by private businesses, in volume terms June 2019 $161,678 million
-0.1%
0.3%
Total new motor vehicle sales December 2017 99,756
0.2%
2.8%

Production

Indicator Period Value Change previous period Change same period last year
Income from sales of goods and services by manufacturers, in volume terms June 2019 $81,007 million
-1.0%
-4.0%
Dwelling unit approvals July 2019 13,543
-3.2%
-24.0%
Building approvals July 2019 $9,148.9 million
-1.0%
-7.3%
Total dwelling units commenced March 2019 46,284
-7.9%
-21.8%
Building work done - Chain volume measures June 2019 $29,037.5 million
-2.2%
-4.7%
Engineering construction work done - Chain volume measures June 2019 $20,128.3 million
-3.1%
-15.2%

Prices

Indicator Period Value Change previous period Change same period last year
Consumer price index (2011-12 = 100.0) - Original Jun Qtr 2019 114.8 index no.
0.6%
1.6%
Producer price indexes, final demand (2011-12 = 100.0) - Original Jun Qtr 2019 111.6 index no.
0.4%
2.0%
Import price index (2011-12 = 100.0) - Original Jun Qtr 2019 113.1 index no.
0.9%
2.8%
Export price index (2011-12 = 100.0) - Original Jun Qtr 2019 113.3 index no.
3.8%
17.4%
Wage price index (2008-2009 = 100.0) - Original Jun Qtr 2019 131.8 index no.
0.5%
2.4%

Labour force and demography

Indicator Period Value Change previous period Change same period last year
Employed persons July 2019 12,915.2 million
0.2%
2.7%
Participation rate July 2019 66.1%
0.1 pts
0.6 pts
Unemployment rate July 2019 5.3%
0.0 pts
0.0 pts
Employment to population ratio July 2019 62.6%
0.0 pts
0.6 pts
Job vacancies May 2019 243.2 thousand
0.3%
4.2%
Estimated resident population Dec Qtr 2018 25,180.2 thousand
0.3%
1.6%
Short-term overseas visitor arrivals (a) June 2019 793.9 thousand
0.3%
3.1%

For unemployment and participation rates, the changes are given as percentage points.

Incomes

Indicator Period Value Change previous period Change same period last year
Company gross operating profits (in current price terms) June 2019 $97,286 million
3.2%
11.1%
Average weekly ordinary time earnings, full-time adults May 2019 $1,633.8
NP
3.0%

Lending to households and businesses

Indicator Period Value Change previous period Change same period last year
Housing finance for owner occupation, dwellings financed July 2019 47,209
0.3%
-10.0%
Lending to households July 2019 $31,319 million
0.5%
-11.7%
Lending to businesses July 2019 $35,085 million
-1.3%
1.5%
  1. NA - not available
  2. NP - not published
  3. NA/NP - not applicable or not available
  4. (a) Data revised from July 2004 to December 2013. For information see Overseas arrivals and departures methodology