Steve Whetton, Executive Director, SA Centre for Economic Studies South Australian Centre for Economic Studies June 216 Economic Briefing Report 28 June, 216
Per cent Global GDP Growth 1 8 Developing Countries 6 4 World Economy 2-2 High Income Countries -4 28 29 21 211 212 213 214 215 216 217 218 Year World Bank data
Per cent Annual Growth in Real GDP, Real GDI and Real DFD 9 8 7 Real GDI 6 5 Real DFD 4 3 Real GDP 2 1-1 -2-3 Mar6 Mar7 Mar8 Mar9 Mar1 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Quarter ended
Growth in Key Components of Australian GDP Mar 215 to Mar 216 Annual Percentage Change Contribution to GDP Growth Final Consumption Expenditure 3.1 2.3 General Government 3.2.6 Households 3.1 1.7 Gross Fixed Capital Formation -5.9-1.5 Private -6.8-1.4 Dwelling 8.3.4 Business Investment -12.6-1.9 Public -1.4 -.1 Domestic Final Demand.8.8 Exports of Goods and Services 7.6 1.7 Imports of Goods and Services -1..2 Gross Domestic Product 3.2 3.2 Real Gross Domestic Income.6 n.a.
Per cent Annual Growth in Australian Export Volumes Seas. Adj. 2 15 1 Goods Services 5-5 -1 Mar5 Mar6 Mar7 Mar8 Mar9 Mar1 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Quarter ended
Per Cent Annual Growth in Australian Export Values Seas. Adj. 6 5 4 Goods 3 2 1-1 -2-3 Services -4 Mar5 Mar6 Mar7 Mar8 Mar9 Mar1 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Quarter ended
Index International Commodity Prices 25 Bulk commodities (b) 2 Base Metals 15 Non-Rural (a) 1 5 Rural May6 May7 May8 May9 May1 May11 May12 May13 May14 May15 May16 Month RBA data
Index Terms of Trade 13 12 11 1 9 8 7 6 5 4 Mar96 Mar98 Mar Mar2 Mar4 Mar6 Mar8 Mar1 Mar12 Mar14 Mar16 Month
$ billion Australian Private New Capital Expenditure by Industry 25 Mining 2 15 Other Selected Industries 1 5 Manufacturing Mar6 Mar7 Mar8 Mar9 Mar1 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Quarter
$ billion Actual and Expected Private New Capital Expenditure, Australia 18 211/12 212/13 213/14 214/15 215/16 216/17 16 14 12 1 8 6 4 2 Mining Manufacturing Other selected industries Total
Index Established House Prices 17 15 13 Brisbane Sydney 11 Perth 9 7 Melbourne Adelaide 5 Mar6 Mar7 Mar8 Mar9 Mar1 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Quarter
Per cent Per cent Australian Employment Growth 5 4 3 2 Employment to Population Ratio (RHS) 65 64 63 62 1-1 -2 Total Employment Full-time Growth 61 6 59 58-3 57 May6 May7 May8 May9 May1 May11 May12 May13 May14 May15 May16 Month Ended
' Persons South Australian Employment Levels 83 82 Seasonally Adjusted 81 8 79 Trend 78 77 May11 May12 May13 May14 May15 May16 Month
Per cent South Australian Employment Growth 6 4 2-2 Total employment -4 Full-time employment -6 May6 May7 May8 May9 May1 May11 May12 May13 May14 May15 May16 Year Ended (Month)
Expenditure on South Australia s State Final Demand Final Consumption Expenditure Mar 215 to Mar 216 Annual Percentage Change Contribution to GSP Growth General Government 3.7.7 Households 2.6 1.5 Gross Fixed Capital Formation Private -8. -1.5 Dwellings -2.8 -.1 Business Investment -1.5-1.3 Public 5.1.2 State Final Demand 1. 1.
Australia, $ billion South Australia, $ billion Private Sector Business Investment 7 7 6 5 Australia 6 5 4 3 South Australia 4 3 2 2 1 1 Mar6 Mar7 Mar8 Mar9 Mar1 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Quarter
$ billion Value of South Australian Building Approvals.6.5.4 Total Building.3.2 New Residential Building.1 Residential Alterations/Additions Non-Residential Building. Apr6 Apr7 Apr8 Apr9 Apr1 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Month
Per cent Annual Growth Real Goods & Services Exports, SA 3 25 2 Services 15 1 5 Goods -5-1 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Quarter ended
Per cent Growth in Selected Real Domestic Demand Components 25 2 15 1 Private Business Investment Household Consumption Expenditure 5-5 -1 Total Private Dwellings Investment -15 Mar6 Mar7 Mar8 Mar9 Mar1 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Year Ended (Quarter)
$ billion Preliminary Real Construction Work Done, South Australia 3.5 3. Total Construction 2.5 2. 1.5 Engineering Construction 1. Residential Building.5 Non-Residential Building. Mar6 Mar7 Mar8 Mar9 Mar1 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Quarter
Ratio Australian Household Saving Ratio 12 1 8 6 4 2-2 Mar96 Mar98 Mar Mar2 Mar4 Mar6 Mar8 Mar1 Mar12 Mar14 Mar16 Quarter
Index Index of Employment Levels 13 125 WA 12 115 QLD VIC 11 SA NSW 15 1 TAS 95 9 May6 May7 May8 May9 May1 May11 May12 May13 May14 May15 May16 Month
Steve Whetton, Executive Director, SA Centre for Economic Studies South Australian Centre for Economic Studies June 216 Economic Briefing Report 28 June, 216