Chris Richardson, an economist with Deloitte, said the steady growth was largely due to the state not being impacted by the "mining bust" and strong spending in recent years. "This is a state that since the middle of 2013 has been spending at the same rate as the rest of Australia," ...
Australia’s international student population has grown by 24% over the last five years – the second highest growth rate among the ‘big four’ markets, trailing the UK with a growth rate of 26%. This indicates a strong appeal and increasing attractiveness of Australian institutions to internati...
Recently, China reported an annual growth rate of 6.9 percent for the first quarter of 2017 - ahead of estimates which predicted a growth rate of 6.5 percent growth rate. According to Chris Richardson of Deloitte Access Economics, the RBA had underestimated China's influence on the Australian ec...
Central banks have responded to weak growth by cutting rates. The US Federal Reserve cut its target for the federal funds rate three times in 2019, as did Australia. To date, record low Australian interest rates have been associated with additional housing‐related debt and asset price ...
Australia is the only country in the developed world that has experienced a long period of recession‑free growth. In 2018, it entered its 27th year of continuous economic growth at an average annual growth rate of 3% and is expected to achieve the highest economic growth among major advanced...
Interest Rate Predictions Economists anticipate that the RBA will maintain interest rates at moderate levels, balancing economic growth with inflation control. While mortgage holders might face ongoing pressure, stable rates are expected to provide a more predictable financial environment. ...
The statistic shows the inflation rate in Australia from 1987 to 2022, with projections up until 2029. The inflation rate is calculated using the price increase of a defined product basket. This product basket contains products and services, on which the average consumer spends money throughout th...
Hours worked rose 6.8 per cent throughout the year, significantly elevated from the ten-year average growth rate of 1.8 per cent. To the likely dismay of the Reserve Bank, productivity growth continued its downward trend, as measured by GDP per hour worked, falling 2.0 per cent in the June...
(which coincided with the period of accelerated development by China due to its accession to the WTO) increased average household income by 13% and reduced the unemployment rate by approximately 1.25%. Therefore, although mining is not the only industry on which Australia relies, it has ...
China's Economic Growth and Its Real Exchange Rate Bu and I. Bain (2006), "China's economic growth and its real exchange rate", Working Papers in Economics and Econometrics No. 476 Australian National... R Tyers,J Golley,Y Bu,... - Taylor & Francis 被引量: 155发表: 2007年 ...