ECONCOMIC PRELIM

GDP Growth Rate

0.3%

CPI inflation rate

3.5%

RBA inflation target range

2-3% per year

Unemployment rate

4.5%

Underemployment rate

6.4%

Participation rate

66.9%

Unemployment fro First nations people

16.6%

% of Aus population living in relative poverty

14.2%

% aged population (65 or over)

16% to 17%

Cash rate target

4.35%

Total superannuation pool

$4.5-4.5 trillion

Government Stance

Contractionary (rose to -0.4 billion)

Government Budget

Expansionary ($-0.4billion)

gender pay gap

11.3%

school retention rates

81.3%

ASIC

Setting and enforce corporate regulation, consumer and investor protection, oversight of financial service

APRA

prudential regulation for all deposit taking-institutions →super, banks | manage risks, certain level of funds

aus currency forex

5th most traded currency

individual arrangement

40% of the workforce

Award

23%

Unemployment rate

Gini coefficient Aus

0.304

AUS HDI

0.958

China GDP growht

4.3%

CHINA CPI

0.5%

China Gini

0.465