Category Archives: National Accounts

Posts in this category focus on National Accounts data publications

Australian national accounts – inexorably marching towards recession

In the June-quarter, it was only the contribution of public spending that allowed the Australian economy to avoid negative growth. That contribution disappeared in the September-quarter and given the fiscal settings and the negative investment contributions it was obvious that … Read the rest of this entry »

Posted in National Accounts | 18 Comments

When the term ‘progressive’ loses all meaning …

The UK Guardian newspaper began life as the Manchester Guardian in 1821 as an artifact of the cotton mill owners who were opposed to the reform movement (for parliamentary representation to alleviate the mass unemployment and poverty that followed the … Read the rest of this entry »

Posted in Economics, Fiscal Statements, National Accounts | 20 Comments

Australian national accounts – public spending saves nation from negative growth

Last we we learned that investment in Australia has plunged in the June-quarter. Yesterday, we learned that the external deficit has risen and the contraction in net domestic spending would reduce real GDP growth by 0.2 percentage points. Today, the … Read the rest of this entry »

Posted in National Accounts | 4 Comments

Australian national accounts – growth on back of volatile exports

Today, the Australian Bureau of Statistics released the – March-quarter 2016 National Accounts data – which showed that real GDP grew strongly by 1.1 per cent in the three months to March 2016 (up from 0.6 per cent in the … Read the rest of this entry »

Posted in National Accounts | 3 Comments

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