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COUNTRY PROFILE OF AUSTRALIA

KEY ECONOMIC INDICATORS

	Period	Units	Value	% Change Previous Period	% Change Corresponding Period Last Year
National Accounts
Gross domestic product GDP, Chain volume measures - Trend	Sep qtr 2002	$m	177,472	0.7	3.6
International Accounts
Balance on goods and services - Trend	Mthly Nov 2002	$m	-1,063	. .
Total Goods and Services Credits - Trend	Mthly Nov 2002	$m	12,655	0
Total Goods and Services Debits - Trend	Mthly Nov 2002	$m	-13,718	0
Balance on Current Account - Trend	Sep Qtr 2002	$m	-7,817	-12
Net International Investment Position (IIP) - Original	Sep Qtr 2002	$m	404,066	5
Net Debt - Original	Sep Qtr 2002	$m	347,156	5
Consumption and investment
Retail turnover at current prices - Trend	Nov 2002	$m	14,519.9	0.4	7.1
Actual New Capital Expenditure in volume terms - Trend	Sep qtr 2002	$m	11,944	2.3	12.6
Total new motor vehicle registrations - Trend	Dec 2001	no.	66,407	0.5	-2.5
Inventories held by Private Businesses, in volume terms - Trend	Sep qtr 2002	$m	92,958	0.0	0.1
Production
Income from sales of goods and services by Manufacturers in volume terms - Trend	Sep qtr 2002	$m	66,666	0.6	3.9
Dwelling unit approvals - Trend	Mthly Nov 2002	no.	15,245	-0.9	5.7
Building approvals -Trend	Mthly Nov 2002	$m	4,412.6	3.3	26.1
Building work done - Chain Volume Measures - Trend	Sep qtr 2002	$m	11,109.3	4.8	23.8
Prices
Consumer price index (1989-90 = 100.0) - Original	Dec Qtr 2002		139.5	0.7	3.0
Producer price index, Final commodities (1998-99 = 100.0) - Original	Dec qtr 2002	Index no.	110.3	0.5	1.4
Import price index (1989-90 = 100.0) - Original	Dec qtr 2002	Index no.	128.8	0.2	-4.5
Export price index (1989-90 = 100.0) - Original	Dec qtr 2002	Index no.	114.0	0.4	-2.7
Labour Force and Demography
Employed persons - Trend	Mthly Dec 2002	('000)	9,438.6	0.3%	2.3%
Participation rate - Trend	Mthly Dec 2002	%	63.9	0.1pts	0.1pts
Unemployment rate - Trend	Mthly Dec 2002	%	6.1	0.0pts	-0.7pts
Job vacancies - Trend	Nov 2002	' 000	99.5	0.8	11.7
Estimated resident population - Original (preliminary)	30 June 2002	'000	19,707.2	0.3%	1.1%
Short-term overseas visitor arrivals - Trend	Dec 2002	'000	402.8	-0.3	. .
(a) For unemployment and participation rates, the changes are given as percentage points.
Incomes
Company profits before income tax (in current price terms) - Trend	Sep qtr 2002	$m	10,537	3.0	21.2
Company gross operating profits (in current price terms) - Trend	Sep qtr 2002	$m	20,300	1.2	9.8
Average weekly earning , full-time adults: ordinary time - Trend	Aug 2002	$	878.80	1.1	5.0
Financial markets
Interest rates (monthly average) - Original(a)	Mthly Dec 2002	% pa	4.85	..	..
90 -day bank bills -Original(a)	Mthly Dec 2002	% pa	4.83	..	..
10-year Treasury bonds - Original(a)	Mthly Dec 2002	% pa	5.16	..	..
Exchange rate - $US - Original(a)	Mthly Dec 2002	per $A	0.5662	..	..
(a) Source: Reserve Bank Of Australia Bulletin.

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