Statement on Monetary Policy – November 2009 List of tables

Chapters

• Table 1: World GDP Growth
• Table 2: Policy Rates
• Table 3: Changes in Global Share Prices
• Table 4: Change in US Dollar against Other Currencies
• Table 5: Australian Dollar against Selected TWI Currencies
• Table 6: Demand and Output Growth
• Table 7: National Dwelling Price Growth
• Table 8: Intermediaries' Variable Lending Rates
• Table 9: Credit Aggregates
• Table 10: Sectoral movements in the ASX 200
• Table 11: Measures of Consumer Price Inflation
• Table 12: Median Inflation Expectations
• Table 13: Output Growth and Inflation Forecasts

Boxes

• Table B1: Household Debt Servicing

Table 1: World GDP Growth

Year-average, per cent^(a)

	2008	2009	2010
		IMF forecasts(d)
United States	0.4	−2.7	1.5
Euro area	0.7	−4.2	0.3
Japan	−0.7	−5.4	1.7
China	9.0	8.5	9.0
Other east Asia(b)	2.7	−1.2	3.8
India	7.3	5.4	6.4
World	3.0	−1.1	3.1
Australia's trading partners(c)	2.7	−0.8	3.7
(a) Aggregates weighted by GDP at PPP exchange rates unless otherwise specified (b) Weighted using GDP at market exchange rates (c) Weighted using merchandise export shares (d) Forecasts from the October World Economic Outlook Sources: CEIC; IMF; RBA; Thomson Reuters

Table 2: Policy Rates

	Current level Per cent	Most recent change	Change over easing phase Basis points
Euro area	1.00	↓ May 09	↓ 325
Japan	0.10	↓ Dec 08	↓ 40
United States	0.125	↓ Dec 08	↓ 513
Brazil	8.75	↓ Jul 09	↓ 500
Canada	0.25	↓ Apr 09	↓ 425
China	5.31	↓ Dec 08	↓ 216
India	4.75	↓ Apr 09	↓ 425
Indonesia	6.50	↓ Aug 09	↓ 300
Israel	0.75	↑ Aug 09	↓ 375
Malaysia	2.00	↓ Feb 09	↓ 150
Mexico	4.50	↓ Jul 09	↓ 375
New Zealand	2.50	↓ Apr 09	↓ 575
Norway	1.50	↑ Oct 09	↓ 450
Russia	9.50	↓ Oct 09	↓ 350
South Africa	7.00	↓ Aug 09	↓ 500
South Korea	2.00	↓ Feb 09	↓ 325
Sweden	0.25	↓ Jul 09	↓ 450
Switzerland	0.25	↓ Mar 09	↓ 250
Thailand	1.25	↓ Apr 09	↓ 250
Turkey	6.75	↓ Oct 09	↓ 1,000
United Kingdom	0.50	↓ Mar 09	↓ 525
Sources: Bloomberg; Thomson Reuters; central banks

Table 3: Changes in Global Share Prices

Per cent

	Peak to recent trough	Since recent trough	Since previous Statement
United States
– Dow Jones	−54	50	6
– S&P 500	−57	55	4
– NASDAQ	−56	62	3
Euro area
– STOXX	−62	53	6
United Kingdom
– FTSE	−48	45	10
Japan
– Nikkei	−61	40	−4
Canada
– TSE 300	−50	46	0
China
– China A	−72	83	−9
Australia
– ASX 200	−54	44	6
MSCI indices
– Emerging Asia	−61	86	4
– Latin America	−57	87	9
– Emerging Europe	−71	82	9
– World	−56	49	3
Source: Bloomberg

Table 4: Change in US Dollar against Other Currencies

Per cent

	Past year	Since recent peak (March 2009)
Mexican peso	6	−15
Chinese renminbi	0	0
Taiwan dollar	0	−7
Indian rupee	−1	−9
Philippine peso	−2	−2
Malaysian ringgit	−3	−8
British pound	−4	−17
Thai baht	−4	−8
Singapore dollar	−5	−10
Korean won	−6	−24
Canadian dollar	−8	−18
Swedish krona	−8	−24
Japanese yen	−9	−8
Indonesian rupiah	−13	−21
Swiss franc	−13	−12
Euro	−13	−15
New Zealand dollar	−17	−32
Brazilian real	−18	−28
South African rand	−21	−31
Australian dollar	−23	−31
Majors TWI	−9	−15
Broad TWI	−5	−12
Sources: Bloomberg; Board of Governors of Federal Reserve System

Table 6: Demand and Output Growth

Per cent

	March quarter 2009	June quarter 2009	Year to June quarter 2009
Domestic final demand	−1.1	0.8	0.7
GNE	−0.9	1.0	−0.4
Net exports(a)	2.2	−0.2	3.3
Statistical discrepancy(a)	−0.9	−0.1	−2.3
GDP	0.4	0.6	0.6
Non-farm GDP	0.5	1.1	0.5
GDP adjusted for changes
in the terms of trade	−1.4	−1.1	−2.1
(a) Contribution to GDP growth Source: ABS

Table 7: National Dwelling Price Growth

Per cent

	June quarter 2009	September quarter 2009	Year to September quarter 2009
House prices
ABS	4.2	4.2	6.2
APM	3.6	3.7	6.5
RP Data-Rismark	2.7	2.7	5.5
Apartment prices
APM	2.9	3.3	8.2
RP Data-Rismark	2.5	2.2	7.1
Sources: ABS; APM; RBA; RP Data-Rismark

Table 8: Intermediaries' Variable Lending Rates

Per cent

	Current level		Change since:
	4 November 2009		Jul 2009	Aug 2008
Cash rate	3.50		0.50	−3.75
Housing loans
Prime full-doc	5.61		0.43	−3.37
Prime low-doc	6.09		0.20	−3.40
Personal loans
Margin loans	8.16		0.15	−2.42
Standard credit cards	18.12		0.21	−1.81
Low-rate credit cards	12.09		0.13	−0.84
Unsecured term loans	13.77		0.25	−1.13
Home equity loans	6.21		0.30	−3.37
Small business
Term loans
Residentially secured	7.48		0.38	−2.61
Other security	8.27		0.38	−2.43
Overdraft
Residentially secured	8.30		0.38	−2.61
Other security	9.19		0.38	−2.40
Average actual rate(a)	7.51		0.36	−2.78
Large business
Average actual rate, variable and bill funding(a)	5.54		0.36	−3.07
(a) RBA estimate Sources: ABS; APRA; Canstar Cannex; Perpetual; RBA

Table 10: Sectoral movements in the ASX 200

Per cent change since

	November 2007 peak	March 2009 trough	Previous Statement
Resources	−25	35	−1
Financials	−39	67	10
Other	−34	30	4
ASX 200	−34	44	5
Source: Bloomberg