Key Economic Indicators Snapshot

Data in this snapshot are the latest available as at 20 June 2024.

 

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Cash Rate Target

4.35%

Economic Growth

1.1%

Inflation

3.6%

Unemployment Rate

4.0%. Employment Growth is 2.5%

Wage Growth

4.1%

Average Weekly Earnings

$1,432.60 Household Saving Ratio is 0.9%.

Net Foreign Liabilities percentage of GDP

27.9%

1 Australian dollar

is equal to US$0.66

China GDP Growth 5.3%

G7 GDP Growth (that includes Canada, France, Germany, Italy, Japan, United Kingdon and United States) is 1.7%.