Category Archives: National Accounts

Posts in this category focus on National Accounts data publications

Australian national accounts – we are becoming poorer

Today, the Australian Bureau of Statistics released the – December-quarter 2015 National Accounts data – which showed that real GDP grew by 0.6 per cent in the three months to December 2015 (down from 1.1 per cent in the September-quarter. … Read the rest of this entry »

Posted in National Accounts | 10 Comments

Australian National Accounts – uncertain outlook with exports dominant

Today, the Australian Bureau of Statistics released the – September-quarter 2015 National Accounts data – which showed that real GDP grew by 0.9 per cent in the three months to September 2015, largely because there was a strong rebound in … Read the rest of this entry »

Posted in National Accounts | 4 Comments

Australia – investment spending contracts sharply, recession looming

The Australian Bureau of Statistics (ABS) published the September-quarter – Private New Capital Expenditure and Expected Expenditure, Australia – data today as part of the sequence of data releases relating to next Wednesday’s release of the third quarter National Accounts. … Read the rest of this entry »

Posted in National Accounts | 13 Comments

Australia national accounts – heading for recession at this rate

When the March-quarter 2015 National Accounts came out three months ago I wrote that “the fragility of growth increases”, as the economy descended into a state of weak growth well below the accepted trend rate. The latest data – June-quarter … Read the rest of this entry »

Posted in National Accounts | 11 Comments

Australian National Accounts – the fragility of growth increases

The – March-quarter 2015 National Accounts data – released by the Australian Bureau of Statistics today confirms that the Australian economy was stuck in a weak growth state in the last three months of 2014. Real GDP growth grew by … Read the rest of this entry »

Posted in National Accounts | 2 Comments

Friday lay day – Australia heading for recession

Its the Friday lay day blog, which means very little as it turns out. Today, though it means a short insight into the latest data from the Australian Bureau of Statistics – Private New Capital Expenditure and Expected Expenditure – … Read the rest of this entry »

Posted in Friday, National Accounts | 6 Comments

Australian national accounts – growth well below trend continues

The – December-quarter 2014 National Accounts data – released by the Australian Bureau of Statistics today confirms that the Australian economy was stuck in a weak growth state in the last three months of 2014. Real GDP growth grew by … Read the rest of this entry »

Posted in National Accounts | 11 Comments

“There is plenty of stimulus” – but I am struggling to see it

“The economy is not weak enough that there needs to be more fiscal stimulus … there’s plenty of stimulus from the Reserve bank with record low interest rates” (Source). That comment came from an Australian private sector investment bank economist. … Read the rest of this entry »

Posted in Labour Force, National Accounts | 19 Comments

Australian national accounts – growth plummets as policy fails

In September, I wrote of the 2nd-quarter national accounts data that the economy was weak and getting weaker. The – September-quarter 2014 data released by the Australian Bureau of Statistics today confirms that prognosis. Weak is an understatement. Real GDP … Read the rest of this entry »

Posted in National Accounts | 5 Comments

Australian national accounts – weak and getting weaker

When the first-quarter National Accounts data came out for Australia I noted that despite the relatively strong growth recorded in that period, the Australian economy was in a fragile state and the contemporary indicators (given that the real GDP data … Read the rest of this entry »

Posted in National Accounts | 7 Comments