Key Economic Indicators Snapshot

Data in this snapshot are the latest available as at 21 March 2024.

 

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Cash Rate Target

4.35%

Economic Growth

1.5%

Inflation

4.1%

Unemployment Rate

4.1%. Employment Growth is 2.6%

Wage Growth

4.2%

Average Weekly Earnings

$1,432.60 Household Saving Ratio is 3.2%.

Net Foreign Liabilities percentage of GDP

32.3%

1 Australian dollar

is equal to US$0.65

China GDP Growth 5.2%

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