Australia Economy

Australia’s gdp growth annual decreased to -3.8 by -40.62% on July 2020 from -6.4 in the previous Quarterly. On a year on year basis Australia’s gdp growth annual decreased by -226.67%. Australia’s gdp growth annual trend is down since the current value of -3.8 is lower than the 12 month moving average of 1.08333.Australia’s inflation cpi decreased to 0.7 by -333.33% on July 2020 from -0.3 in the previous Quarterly. On a year on year basis Australia’s inflation cpi decreased by -61.11%. Australia’s inflation cpi trend is down since the current value of 0.7 is lower than the 12 month moving average of 1.55.Australia’s unemployment rate decreased to 6.8 by -2.86% on November 2020 from 7.0 in the previous Monthly. On a year on year basis Australia’s unemployment rate increased by 33.33%. Australia’s unemployment rate trend is down since the current value of 6.8 is lower than the 12 month moving average of 6.38333.

Australia Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
ASX All Ordinaries Index AORD 7308.7 1 0.75 1.03548 56.0825 -0.63 0.14 3.91 -0.02083
Australia ETF EWA 25.75 1 1 1.65032 66.8466 -1.08 -2.31 -2.39 0.07737
Australian Dollar US Dollar (AUD/USD) AUDUSD 1.36 -1 -1 -1.66592 27.6838 1.76 3.04 5.94 -0.10272
Australia 5-Year Bond Yield AU.5Y 0.6 1 -0.25 -0.60222 49.8497 -17.58 -30.39 -15.49 -0.61338
Australia 2-year bond yield AU.2Y 0.04 -1 -1 -1.11406 28.0851 -21.57 -48.72 -55.06 -0.90854
Australia 12-year bond yield AU.2Y 1.28 0.5 0.25 -0.20414 49.5678 -5.04 -22.38 -30.28 -0.15761
Australia Yield Curve AU.YC 1.14 1 1 1.70777 58.993 -12.44 -23.69 -28.62 1.11034
Australia Credit Default Swaps CDS.Australia 15 -1 -1 -0.87103 43.3356 -0.83 1.69 -3.23 -0.29581

ASX All Ordinaries Index closed up by 0.01474% to 6684.2 on 23 January 2021 and +0.00619% on a weekly basis. ASX All Ordinaries Index momentum was last calculated at +1.0/100 indicating positive momentum. ASX All Ordinaries Index trend is +0.75/100 indicating a positive trend. ASX All Ordinaries Index momentum exhaustion is 1.03548 indicating ASX All Ordinaries Index is oversold.Australia ETF closed up by 0.01415% to 24.37 on 23 January 2021 and +0.01331% on a weekly basis. Australia ETF momentum was last calculated at +1.0/100 indicating positive momentum. Australia ETF trend is +1.0/100 indicating a positive trend. Australia ETF momentum exhaustion is 1.65032 indicating Australia ETF is oversold.Australia 10-Year Bond Yield closed up by 0.01222% to 0.994 on 23 January 2021 and +0.0597% on a weekly basis. Australia 10-Year Bond Yield momentum was last calculated at +0.5/100 indicating positive momentum. Australia 10-Year Bond Yield trend is +0.25/100 indicating a positive trend. Australia 10-Year Bond Yield momentum exhaustion is 0.6851 indicating Australia 10-Year Bond Yield is oversold.Australian Dollar US Dollar (AUD/USD) closed up by 0.0% to 1.2998 on 23 January 2021 and +-0.01216% on a weekly basis. Australian Dollar US Dollar (AUD/USD) momentum was last calculated at -1.0/100 indicating negative momentum. Australian Dollar US Dollar (AUD/USD) trend is -1.0/100 indicating a negative trend. Australian Dollar US Dollar (AUD/USD) momentum exhaustion is -1.66592 indicating Australian Dollar US Dollar (AUD/USD) is oversold.Australia Credit Default Swaps closed down by -0.06897% to 13.5 on 23 January 2021 and +-0.05263% on a weekly basis. Australia Credit Default Swaps momentum was last calculated at -1.0/100 indicating negative momentum. Australia Credit Default Swaps trend is -1.0/100 indicating a negative trend. Australia Credit Default Swaps momentum exhaustion is -0.87103 indicating Australia Credit Default Swaps is oversold.

Australia News

Australia Economy

Economic Activity Overview Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
gdp growth annual 1.1 -1 -2.1 -0.645161 1.0 -1.0 0.0666667 2021-01-01
inflation cpi 1.1 0.9 0.222222 -0.421053 -1.0 -1.0 0.166667 2021-01-01
unemployment rate 4.9 5.1 -0.0392157 -0.337838 -1.0 -1.0 0.0166667 2021-06-30
Business & Consumer Forecast Overview Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
manufacturing pmi 63.2 61.8 0.0226537 0.227184 1.0 1.0 0.933333 2021-06-30
services pmi 57.8 61.2 -0.0555556 0.834921 1.0 1.0 0.966667 2021-06-30
Reserves & Outstanding Debt Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
government debt to gdp 24.8 19.2 0.291667 1.10169 1.0 1.0 0 2020-01-31
external debt 2126050 2165260 -0.0181087 0.0599353 -1.0 1.0 0.0166667 2021-01-01
foreign exchange reserves 64734 62122 0.0420463 0.0524519 1.0 1.0 0.666667 2021-06-30
gold reserves 79.85 67.74 0.178772 0.0962383 1.0 1.0 1 2020-08-01
Trade Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
current account 18283 16010 0.141974 -2.71526 1.0 1.0 0.0166667 2021-01-31
current account to gdp 2.5 0.6 3.16667 -1.92593 1.0 1.0 0 2020-01-31
Monetary Policy Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
interest rate 0.1 0.1 0 -0.9 -1.0 -1.0 0.0583333 2021-06-01
central bank balance sheet 550355 543487 0.0126369 0.33821 1.0 1.0 0.95 2021-07-14
banks balance sheet 5169.5 5283.4 -0.0215581 0.223985 1.0 1.0 0.366667 2021-01-01
Fiscal Policy Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
Government budget 6809 6957 -0.0212735 -1.19086 1.0 1.0 0.166667 2021-05-31
government revenues 55260 49578 0.114607 0.259631 1.0 1.0 0.983333 2021-05-31
fiscal expenditure 48451 42621 0.136787 -0.390898 -1.0 -1.0 0.0166667 2021-05-31

Australia’s gdp growth annual decreased to -3.8 by -40.62% on July 2020 from -6.4 in the previous Quarterly. On a year on year basis Australia’s gdp growth annual decreased by -226.67%. Australia’s gdp growth annual trend is down since the current value of -3.8 is lower than the 12 month moving average of 1.08333.Australia’s inflation cpi decreased to 0.7 by -333.33% on July 2020 from -0.3 in the previous Quarterly. On a year on year basis Australia’s inflation cpi decreased by -61.11%. Australia’s inflation cpi trend is down since the current value of 0.7 is lower than the 12 month moving average of 1.55.Australia’s unemployment rate decreased to 6.8 by -2.86% on November 2020 from 7.0 in the previous Monthly. On a year on year basis Australia’s unemployment rate increased by 33.33%. Australia’s unemployment rate trend is down since the current value of 6.8 is lower than the 12 month moving average of 6.38333.Australia’s manufacturing pmi decreased to 52.1 by -7.46% on November 2020 from 56.3 in the previous Monthly. On a year on year basis Australia’s manufacturing pmi increased by 8.32%. Australia’s manufacturing pmi trend is down since the current value of 52.1 is lower than the 12 month moving average of 48.2083.Australia’s services pmi icnreased to 52.9 by 2.92% on November 2020 from 51.4 in the previous Monthly. On a year on year basis Australia’s services pmi decreased by -1.49%. Australia’s services pmi trend is down since the current value of 52.9 is lower than the 12 month moving average of 41.5167.Australia’s composite pmi icnreased to 57.0 by 3.83% on December 2020 from 54.9 in the previous Monthly. On a year on year basis Australia’s composite pmi increased by 14.92%. Australia’s composite pmi trend is down since the current value of 57.0 is lower than the 12 month moving average of 47.0667.Australia’s construction pmi icnreased to 55.3 by 4.93% on November 2020 from 52.7 in the previous Monthly. On a year on year basis Australia’s construction pmi increased by 38.25%. Australia’s construction pmi trend is down since the current value of 55.3 is lower than the 12 month moving average of 39.7167.Australia’s building permits decreased to 3.8 by -76.54% on October 2020 from 16.2 in the previous Monthly. On a year on year basis Australia’s building permits decreased by -169.09%. Australia’s building permits trend is down since the current value of 3.8 is lower than the 12 month moving average of 2.1.Australia’s business confidence icnreased to 12.0 by 300.0% on November 2020 from 3.0 in the previous Monthly. On a year on year basis Australia’s business confidence decreased by -1300.0%. Australia’s business confidence trend is down since the current value of 12.0 is lower than the 12 month moving average of -12.8333.Australia’s consumer confidence icnreased to 112.0 by 3.99% on December 2020 from 107.7 in the previous Monthly. On a year on year basis Australia’s consumer confidence increased by 17.77%. Australia’s consumer confidence trend is down since the current value of 112.0 is lower than the 12 month moving average of 93.675.

Australia Business activity

Business Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
business confidence 11 20 -0.45 4.5 1.0 1.0 0.933333 2021-06-30
manufacturing pmi 63.2 61.8 0.0226537 0.227184 1.0 1.0 0.933333 2021-06-30
services pmi 57.8 61.2 -0.0555556 0.834921 1.0 1.0 0.966667 2021-06-30
composite pmi 56.7 58 -0.0224138 0.0759013 1.0 1.0 0 2021-06-30

Australia’s business confidence icnreased to 12.0 by 300.0% on November 2020 from 3.0 in the previous Monthly. On a year on year basis Australia’s business confidence decreased by -1300.0%. Australia’s business confidence trend is down since the current value of 12.0 is lower than the 12 month moving average of -12.8333.Australia’s manufacturing pmi decreased to 52.1 by -7.46% on November 2020 from 56.3 in the previous Monthly. On a year on year basis Australia’s manufacturing pmi increased by 8.32%. Australia’s manufacturing pmi trend is down since the current value of 52.1 is lower than the 12 month moving average of 48.2083.Australia’s services pmi icnreased to 52.9 by 2.92% on November 2020 from 51.4 in the previous Monthly. On a year on year basis Australia’s services pmi decreased by -1.49%. Australia’s services pmi trend is down since the current value of 52.9 is lower than the 12 month moving average of 41.5167.Australia’s composite pmi icnreased to 57.0 by 3.83% on December 2020 from 54.9 in the previous Monthly. On a year on year basis Australia’s composite pmi increased by 14.92%. Australia’s composite pmi trend is down since the current value of 57.0 is lower than the 12 month moving average of 47.0667.

Australia Consumer activity

Consumer Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
total vehicle sales 110664 100809 0.0977591 0.00390079 1.0 1.0 0.65 2021-06-30
consumer confidence 108.8 107.2 0.0149254 0.23777 1.0 1.0 0.966667 2021-07-31
car registrations 23361 20218 0.155456 -0.0669037 1.0 -1.0 0.733333 2021-06-30

 

Australia’s total vehicle sales icnreased to 92205.0 by 13.53% on November 2020 from 81220.0 in the previous Monthly. On a year on year basis Australia’s total vehicle sales increased by 8.85%. Australia’s total vehicle sales trend is down since the current value of 92205.0 is lower than the 12 month moving average of 75212.9.Australia’s consumer confidence icnreased to 112.0 by 3.99% on December 2020 from 107.7 in the previous Monthly. On a year on year basis Australia’s consumer confidence increased by 17.77%. Australia’s consumer confidence trend is down since the current value of 112.0 is lower than the 12 month moving average of 93.675.Australia’s car registrations icnreased to 14504.2 by 1.21% on February 2018 from 14330.4 in the previous Yearly. On a year on year basis Australia’s car registrations increased by 26.54%. Australia’s car registrations trend is down since the current value of 14504.2 is lower than the 12 month moving average of 13154.9.


Australia Manufacturing activity

Manufacturing Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
manufacturing pmi 63.2 61.8 0.0226537 0.227184 1.0 1.0 0.933333 2021-06-30
industrial production -1.6 -2.8 -0.428571 -1.31373 -1.0 -1.0 0.266667 2021-03-31
industrial production mom -0.3 0.2 -2.5 -2.5 -1.0 -1.0 0.2 2020-12-30
capacity utilization 83.89 85.1 -0.0142186 0.0941641 1.0 1.0 0.95 2021-06-30

Australia’s manufacturing pmi decreased to 52.1 by -7.46% on November 2020 from 56.3 in the previous Monthly. On a year on year basis Australia’s manufacturing pmi increased by 8.32%. Australia’s manufacturing pmi trend is down since the current value of 52.1 is lower than the 12 month moving average of 48.2083.Australia’s industrial production decreased to -2.3 by -182.14% on April 2020 from 2.8 in the previous Quarterly. On a year on year basis Australia’s industrial production decreased by -276.92%. Australia’s industrial production trend is down since the current value of -2.3 is lower than the 12 month moving average of 2.475.Australia’s industrial production mom decreased to -3.3 by -1750.0% on April 2020 from 0.2 in the previous Quarterly. On a year on year basis Australia’s industrial production mom decreased by -571.43%. Australia’s industrial production mom trend is down since the current value of -3.3 is lower than the 12 month moving average of 0.4.Australia’s capacity utilization icnreased to 79.324 by 1.78% on November 2020 from 77.9339 in the previous Monthly. On a year on year basis Australia’s capacity utilization decreased by -1.87%. Australia’s capacity utilization trend is down since the current value of 79.324 is lower than the 12 month moving average of 77.3789.

Australia Services activity

Services Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
services pmi 57.8 61.2 -0.0555556 0.834921 1.0 1.0 0.966667 2021-06-30

Australia’s services pmi icnreased to 52.9 by 2.92% on November 2020 from 51.4 in the previous Monthly. On a year on year basis Australia’s services pmi decreased by -1.49%. Australia’s services pmi trend is down since the current value of 52.9 is lower than the 12 month moving average of 41.5167.

Australia Retail Sector

Retail Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
retail sales 25 2.2 10.3636 -3.71739 1.0 1.0 0.0333333 2021-04-30
retail sales MoM -1.8 0.4 -5.5 -1.66667 -1.0 -1.0 0.266667 2021-06-30

Australia’s retail sales decreased to 2.3 by -4.17% on January 2020 from 2.4 in the previous Monthly. On a year on year basis Australia’s retail sales decreased by -28.12%. Australia’s retail sales trend is down since the current value of 2.3 is lower than the 12 month moving average of 2.6.Australia’s retail sales MoM icnreased to 7.0 by 400.0% on November 2020 from 1.4 in the previous Monthly. On a year on year basis Australia’s retail sales MoM increased by 483.33%. Australia’s retail sales MoM trend is down since the current value of 7.0 is lower than the 12 month moving average of 1.325.

Australia Construction Sector

Construction Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
construction pmi 55.5 58.3 -0.0480274 0.56338 1.0 1.0 0.95 2021-06-30
building permits -7.1 -5.7 0.245614 -0.470149 -1.0 1.0 0.65 2021-05-31
new home sales 5841 5088 0.147995 -0.0981936 -1.0 -1.0 0.466667 2021-06-30
housing index 5.4 3 0.8 -8.71429 1.0 1.0 0.0666667 2021-01-31

Australia’s construction pmi icnreased to 55.3 by 4.93% on November 2020 from 52.7 in the previous Monthly. On a year on year basis Australia’s construction pmi increased by 38.25%. Australia’s construction pmi trend is down since the current value of 55.3 is lower than the 12 month moving average of 39.7167.Australia’s building permits decreased to 3.8 by -76.54% on October 2020 from 16.2 in the previous Monthly. On a year on year basis Australia’s building permits decreased by -169.09%. Australia’s building permits trend is down since the current value of 3.8 is lower than the 12 month moving average of 2.1.Australia’s new home sales icnreased to 7054.0 by 15.24% on November 2020 from 6121.0 in the previous Monthly. On a year on year basis Australia’s new home sales increased by 61.27%. Australia’s new home sales trend is down since the current value of 7054.0 is lower than the 12 month moving average of 5257.75.Australia’s housing index decreased to 0.8 by -144.44% on May 2020 from -1.8 in the previous Quarterly. On a year on year basis Australia’s housing index decreased by -500.0%. Australia’s housing index trend is down since the current value of 0.8 is lower than the 12 month moving average of -0.0916667.


Australia GDP

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
Real GDP 491525 476618 0.0312766 0.0343039 1.0 1.0 0.05 2020-12-30
gdp growth annual 1.1 -1 -2.1 -0.645161 1.0 -1.0 0.0666667 2021-01-01
gdp 1330.9 1396.6 -0.0470428 0.262713 -1.0 1.0 0 2020-01-31
gdp growth 1.8 3.2 -0.4375 1 1.0 1.0 0.833333 2021-01-01

Australia’s Real GDP decreased to 445799.0 by -7.0% on April 2020 from 479339.0 in the previous Quarterly. On a year on year basis Australia’s Real GDP increased by 0.09%. Australia’s Real GDP trend is down since the current value of 445799.0 is lower than the 12 month moving average of 463278.0.Australia’s gdp growth annual decreased to -3.8 by -40.62% on July 2020 from -6.4 in the previous Quarterly. On a year on year basis Australia’s gdp growth annual decreased by -226.67%. Australia’s gdp growth annual trend is down since the current value of -3.8 is lower than the 12 month moving average of 1.08333.Australia’s gdp decreased to 1392.68 by -2.87% on January 2019 from 1433.9 in the previous Yearly. On a year on year basis Australia’s gdp increased by 63.25%. Australia’s gdp trend is down since the current value of 1392.68 is lower than the 12 month moving average of 1319.31.Australia’s gdp growth decreased to 3.3 by -147.14% on July 2020 from -7.0 in the previous Quarterly. On a year on year basis Australia’s gdp growth increased by 230.0%. Australia’s gdp growth trend is down since the current value of 3.3 is lower than the 12 month moving average of 0.0833333.

Australia inflation

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
inflation cpi 1.1 0.9 0.222222 -0.421053 -1.0 -1.0 0.166667 2021-01-01
core inflation rate 1.1 1.2 -0.0833333 -0.388889 -1.0 -1.0 0.125 2021-01-01
consumer price index cpi 117.9 117.2 0.0059727 0.0470693 1.0 1.0 0.1 2021-01-01
Producer Price Index 112.8 112.3 0.00445236 0.0339138 1.0 1.0 0.05 2021-01-01
PPI Index 0.2 -0.1 -3 -0.882353 -1.0 -1.0 0.15 2021-01-01
inflation expectations 3.7 4.4 -0.159091 0.15625 1.0 1.0 0.825 2021-07-31

Australia’s inflation cpi decreased to 0.7 by -333.33% on July 2020 from -0.3 in the previous Quarterly. On a year on year basis Australia’s inflation cpi decreased by -61.11%. Australia’s inflation cpi trend is down since the current value of 0.7 is lower than the 12 month moving average of 1.55.Australia’s core inflation rate decreased to 1.2 by -33.33% on April 2020 from 1.8 in the previous Quarterly. On a year on year basis Australia’s core inflation rate decreased by -29.41%. Australia’s core inflation rate trend is down since the current value of 1.2 is lower than the 12 month moving average of 1.65.Australia’s consumer price index cpi icnreased to 116.2 by 1.57% on July 2020 from 114.4 in the previous Quarterly. On a year on year basis Australia’s consumer price index cpi increased by 4.31%. Australia’s consumer price index cpi trend is down since the current value of 116.2 is lower than the 12 month moving average of 114.417.Australia’s Producer Price Index icnreased to 111.7 by 0.45% on May 2020 from 111.2 in the previous Quarterly. On a year on year basis Australia’s Producer Price Index increased by 3.43%. Australia’s Producer Price Index trend is down since the current value of 111.7 is lower than the 12 month moving average of 110.917.Australia’s PPI Index decreased to -0.4 by -130.77% on April 2020 from 1.3 in the previous Quarterly. On a year on year basis Australia’s PPI Index decreased by -123.53%. Australia’s PPI Index trend is down since the current value of -0.4 is lower than the 12 month moving average of 1.53333.Australia’s inflation expectations icnreased to 3.5 by 2.94% on November 2020 from 3.4 in the previous Monthly. On a year on year basis Australia’s inflation expectations decreased by -12.5%. Australia’s inflation expectations trend is down since the current value of 3.5 is lower than the 12 month moving average of 3.70833.

Australia Government Policy

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
government budget -4.3 -0.2 20.5 -3.52941 -1.0 -1.0 0 2019-02-28
Government budget 6809 6957 -0.0212735 -1.19086 1.0 1.0 0.166667 2021-05-31
government revenues 55260 49578 0.114607 0.259631 1.0 1.0 0.983333 2021-05-31
fiscal expenditure 48451 42621 0.136787 -0.390898 -1.0 -1.0 0.0166667 2021-05-31

Australia’s Government budget decreased to -4105.0 by -62.59% on November 2020 from -10974.0 in the previous Monthly. On a year on year basis Australia’s Government budget decreased by -186.44%. Australia’s Government budget trend is down since the current value of -4105.0 is lower than the 12 month moving average of -15921.8.Australia’s government revenues icnreased to 45399.0 by 8.54% on November 2020 from 41827.0 in the previous Monthly. On a year on year basis Australia’s government revenues increased by 2.89%. Australia’s government revenues trend is down since the current value of 45399.0 is lower than the 12 month moving average of 40387.1.Australia’s fiscal expenditure decreased to 49504.0 by -6.24% on November 2020 from 52801.0 in the previous Monthly. On a year on year basis Australia’s fiscal expenditure increased by 25.73%. Australia’s fiscal expenditure trend is down since the current value of 49504.0 is lower than the 12 month moving average of 56308.8.

Australia Monetary Policy

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
interest rate 0.1 0.1 0 -0.9 -1.0 -1.0 0.0583333 2021-06-01
central bank balance sheet 550355 543487 0.0126369 0.33821 1.0 1.0 0.95 2021-07-14
banks balance sheet 5169.5 5283.4 -0.0215581 0.223985 1.0 1.0 0.366667 2021-01-01
money supply m0 329.5 309.28 0.0653777 0.808313 1.0 1.0 0.95 2021-05-31
money supply m1 1461.09 1449.15 0.00823931 0.176695 1.0 1.0 0.666667 2021-05-31
money supply m3 2468.46 2464.51 0.00160275 0.0724601 1.0 1.0 0.783333 2021-05-31

Australia’s interest rate decreased to 0.1 by -60.0% on April 2020 from 0.25 in the previous Daily. On a year on year basis Australia’s interest rate decreased by -92.0%. Australia’s interest rate trend is down since the current value of 0.1 is lower than the 12 month moving average of 0.7375.Australia’s central bank balance sheet icnreased to 325069.0 by 1.86% on December 2020 from 319140.0 in the previous Weekly. On a year on year basis Australia’s central bank balance sheet increased by 6.9%. Australia’s central bank balance sheet trend is down since the current value of 325069.0 is lower than the 12 month moving average of 305063.0.Australia’s banks balance sheet decreased to 5329.88 by -1.49% on July 2020 from 5410.35 in the previous Quarterly. On a year on year basis Australia’s banks balance sheet increased by 29.28%. Australia’s banks balance sheet trend is down since the current value of 5329.88 is lower than the 12 month moving average of 4661.64.


Australia Employment

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
unemployment rate 4.9 5.1 -0.0392157 -0.337838 -1.0 -1.0 0.0166667 2021-06-30
youth unemployment rate 10.7 10.6 0.00943396 -0.33125 -1.0 -1.0 0.0166667 2021-05-31

Australia’s unemployment rate decreased to 6.8 by -2.86% on November 2020 from 7.0 in the previous Monthly. On a year on year basis Australia’s unemployment rate increased by 33.33%. Australia’s unemployment rate trend is down since the current value of 6.8 is lower than the 12 month moving average of 6.38333.Australia’s youth unemployment rate icnreased to 15.6 by 7.59% on October 2020 from 14.5 in the previous Monthly. On a year on year basis Australia’s youth unemployment rate increased by 24.8%. Australia’s youth unemployment rate trend is down since the current value of 15.6 is lower than the 12 month moving average of 13.85.

Australia Trade & Capital Flows

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
current account 18283 16010 0.141974 -2.71526 1.0 1.0 0.0166667 2021-01-31
current account to gdp 2.5 0.6 3.16667 -1.92593 1.0 1.0 0 2020-01-31
exports 38274 38955 -0.0174817 -0.0595838 1.0 -1.0 0.166667 2021-03-31
imports 32700 31360 0.0427296 0.0499952 1.0 1.0 0.616667 2021-03-31
balance of trade 5574 7595 -0.266096 -0.416702 -1.0 -1.0 0.416667 2021-03-31
capital flows -15363 -9999 0.536454 -2.34704 -1.0 -1.0 0.0333333 2021-01-01
foreign direct investment 29274 52011 -0.437158 -0.476521 -1.0 -1.0 0 2020-01-31

Australia’s current account decreased to 10024.0 by -38.67% on July 2020 from 16345.0 in the previous Quarterly. On a year on year basis Australia’s current account decreased by -178.69%. Australia’s current account trend is down since the current value of 10024.0 is lower than the 12 month moving average of -761.583.Australia’s current account to gdp decreased to 0.2 by -114.29% on January 2019 from -1.4 in the previous Yearly. On a year on year basis Australia’s current account to gdp decreased by -102.78%. Australia’s current account to gdp trend is down since the current value of 0.2 is lower than the 12 month moving average of -3.2.Australia’s exports icnreased to 33737.0 by 3.9% on September 2020 from 32472.0 in the previous Monthly. On a year on year basis Australia’s exports decreased by -19.73%. Australia’s exports trend is down since the current value of 33737.0 is lower than the 12 month moving average of 37181.7.Australia’s imports decreased to 28108.0 by -5.85% on September 2020 from 29855.0 in the previous Monthly. On a year on year basis Australia’s imports decreased by -22.27%. Australia’s imports trend is down since the current value of 28108.0 is lower than the 12 month moving average of 31418.1.Australia’s balance of trade icnreased to 5630.0 by 115.05% on September 2020 from 2618.0 in the previous Monthly. On a year on year basis Australia’s balance of trade decreased by -4.04%. Australia’s balance of trade trend is down since the current value of 5630.0 is lower than the 12 month moving average of 5763.75.Australia’s bank lending rate decreased to 6.51 by -0.91% on September 2020 from 6.57 in the previous Monthly. On a year on year basis Australia’s bank lending rate decreased by -15.89%. Australia’s bank lending rate trend is down since the current value of 6.51 is lower than the 12 month moving average of 7.06917.Australia’s capital flows decreased to -9296.0 by -50.12% on May 2020 from -18636.0 in the previous Quarterly. On a year on year basis Australia’s capital flows decreased by -152.14%. Australia’s capital flows trend is down since the current value of -9296.0 is lower than the 12 month moving average of 1389.67.Australia’s foreign direct investment decreased to 52011.0 by -35.7% on January 2019 from 80891.0 in the previous Yearly. On a year on year basis Australia’s foreign direct investment increased by 4.92%. Australia’s foreign direct investment trend is down since the current value of 52011.0 is lower than the 12 month moving average of 55187.7.

Australia Reserves

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
foreign exchange reserves 64734 62122 0.0420463 0.0524519 1.0 1.0 0.666667 2021-06-30
gold reserves 79.85 67.74 0.178772 0.0962383 1.0 1.0 1 2020-08-01

Australia’s foreign exchange reserves decreased to 58730.0 by -4.63% on November 2020 from 61581.0 in the previous Monthly. On a year on year basis Australia’s foreign exchange reserves decreased by -24.23%. Australia’s foreign exchange reserves trend is down since the current value of 58730.0 is lower than the 12 month moving average of 68195.5.Australia’s gold reserves icnreased to 67.74 by 21.68% on July 2020 from 55.67 in the previous Quarterly. On a year on year basis Australia’s gold reserves decreased by -7.0%. Australia’s gold reserves trend is down since the current value of 67.74 is lower than the 12 month moving average of 66.1767.Australia’s government debt to gdp icnreased to 45.1 by 8.67% on January 2019 from 41.5 in the previous Yearly. On a year on year basis Australia’s government debt to gdp increased by 364.95%. Australia’s government debt to gdp trend is down since the current value of 45.1 is lower than the 12 month moving average of 30.9083.Australia’s external debt icnreased to 2187220.0 by 0.49% on May 2020 from 2176570.0 in the previous Quarterly. On a year on year basis Australia’s external debt increased by 15.23%. Australia’s external debt trend is down since the current value of 2187220.0 is lower than the 12 month moving average of 2118090.0.

Australia Debt

Debt Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
government debt to gdp 24.8 19.2 0.291667 1.10169 1.0 1.0 0 2020-01-31
external debt 2126050 2165260 -0.0181087 0.0599353 -1.0 1.0 0.0166667 2021-01-01

Australia’s government debt to gdp icnreased to 45.1 by 8.67% on January 2019 from 41.5 in the previous Yearly. On a year on year basis Australia’s government debt to gdp increased by 364.95%. Australia’s government debt to gdp trend is down since the current value of 45.1 is lower than the 12 month moving average of 30.9083.Australia’s external debt icnreased to 2187220.0 by 0.49% on May 2020 from 2176570.0 in the previous Quarterly. On a year on year basis Australia’s external debt increased by 15.23%. Australia’s external debt trend is down since the current value of 2187220.0 is lower than the 12 month moving average of 2118090.0.

Australia Banking activity

Fiscal Policy Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
interbank rate 1.22 1.1 0.109091 -0.5 -1.0 -1.0 0.0333333 2019-09-30
deposit interest rate 0.1 0.1 0 -0.888889 -1.0 -1.0 0.0333333 2021-03-28
bank lending rate 6.51 6.51 0 -0.146789 -1.0 -1.0 0.116667 2020-10-30
loans to private sector 1000.74 999.18 0.00156128 -0.0141464 1.0 -1.0 0.05 2021-05-31

Australia’s interbank rate On a year on year basis Australia’s interbank rate decreased by -51.33%. Australia’s interbank rate trend is down since the current value of 1.1 is lower than the 12 month moving average of 1.85083.Australia’s deposit interest rate On a year on year basis Australia’s deposit interest rate decreased by -31.58%. Australia’s deposit interest rate trend is down since the current value of 1.3 is lower than the 12 month moving average of 1.65833.Australia’s balance of trade icnreased to 5630.0 by 115.05% on September 2020 from 2618.0 in the previous Monthly. On a year on year basis Australia’s balance of trade decreased by -4.04%. Australia’s balance of trade trend is down since the current value of 5630.0 is lower than the 12 month moving average of 5763.75.Australia’s bank lending rate decreased to 6.51 by -0.91% on September 2020 from 6.57 in the previous Monthly. On a year on year basis Australia’s bank lending rate decreased by -15.89%. Australia’s bank lending rate trend is down since the current value of 6.51 is lower than the 12 month moving average of 7.06917.Australia’s loans to private sector decreased to 981.5 by -0.73% on November 2020 from 988.69 in the previous Monthly. On a year on year basis Australia’s loans to private sector increased by 0.74%. Australia’s loans to private sector trend is down since the current value of 981.5 is lower than the 12 month moving average of 995.984.

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