Australian Economy

Victoria’s budget finances are in disarray, with the state carrying the nation’s highest debt and lowest credit rating.

Melbourne’s population was about 3.5 million people at the turn of the century.

Last week’s Q1 national accounts release from the Australian Bureau of Statistics (ABS) showed that real per capita GDP fell by 0.2%.

According to the OECD, Australia has the smallest manufacturing sector relative to its economy in the developed world.

The waste of space formerly known as the media had a good laugh at your expense over the weekend, that you can still afford or want to pay $7 for a coffee.

By Lucinda Jerogin, associate economist at CBA: Real GDP surprised to the downside at 0.2%/qtr.

This week’s Q1 national accounts release from the Australian Bureau of Statistics (ABS) revealed that real per capita household consumption has been negative for seven consecutive quarters on an annual basis, down 2.4% from its peak.

I’ve long argued that water is the ‘elephant in the room’ of the immigration debate, something policymakers and pro-Big Australia supporters never acknowledge.

If you are a first-home buyer, seasoned investor or someone planning your next move, you may be wondering which suburb offers the best value for money.

The Australian Bureau of Statistics’ (ABS) population data has become a lottery. The population estimates in the Q3 2024 and Q4 2024 national accounts releases (here and here) differed wildly from the official quarterly population statistics released a few weeks later.

Wednesday’s national accounts release from the Australian Bureau of Statistics (ABS) revealed that Australia’s per capita GDP declined by 0.2% in Q1 2025 and by 0.4% year-on-year.

The Q1 national accounts from the Australian Bureau of Statistics (ABS) were released on Wednesday, which revealed that per capita GDP fell back into negative territory following a brief respite in Q4 2024.

On Tuesday, the Fair Work Commission (FWC) decided to lift the national minimum wage and award wages by 3.5% from 1 July this year.

Today’s Q1 national accounts from the Australian Bureau of Statistics (ABS) revealed that Australians lurched back into recession, with per capita GDP growth declining by 0.2% over the quarter: Per capita GDP has declined in nine of the last 11 quarters, down a total of 1.7% over that period.

Australia recorded a tiny 0.05% rise in carbon emissions in 2024, which has the usual suspects whining.

Assistant Minister for Productivity Andrew Leigh used a speech to the Chifley Research Centre on Tuesday to call for “thickets of regulation” to be reduced to help boost productivity.

We have a terrible living standards problem owing to our immigration-led, labour market expansion economic model, which devours productivity. On the other hand, we have a technological breakthrough that is all about productivity (in theory, anyway).

Via ANZ.

This is a good decision.

The official Q1 CPI inflation print from the Australian Bureau of Statistics (ABS) showed that the policy-important trimmed mean inflation rate declined to 2.9% year-on-year, within the Reserve Bank of Australia’s (RBA) inflation target of 2% to 3%.

Wind power has become a significant contributor to the electricity supply in Australia. As of September 2024, Australia had an installed wind capacity of around 13.3 GW. Wind power accounted for 13.4% (or 31.9 TWh) of Australia’s total electricity production in 2024.

This is a fairly accurate assessment from Bloomberg on why Australia is stuffed.