More charts on Australia’s September quarter national accounts

Leith van Onselen

Wednesday, 5 December 2012

Cross posted from Mark the Graph, who likes charting even more than I do:

GDP Q3 2012 – saving less – ToT shock

The headlines:

Some states in pain this quarter

The GDI v GDP disconnect (see ToT shock below)

ToT shock

Nominal GDP Growth … still slowing

Are households feeling poorer?

Savings rate slowing … consistent with households feeling poorer

About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.