Australian economic outlook 2013-2014

World Economic outlook - Australian economic outlook 2013-2014, OECD predicts australian economic 2013-2014, Australian economic growth potential in 2012-2013, Australian economic outlook next two years : The OECD has delivered a positive outlook for Australia during the next two years, predicting the country will continue to continue reading the benefits of the mining boom.

Australian Federal Budget forecast 2012-2013

World Economic outlook - Australian Federal Budget forecast 2012-2013, 2014, 2015 : The Australian Government remains forecasting a return to surplus by 2012/13, as promised last year. However, the size of which has been reduced to A$1.54bn, or 0.1% of GDP, an even smaller surplus than the A$3.5bn forecast in the 2011-12 budget. This is however broadly unchanged from the A$1.48bn as outlined in the November MYEFO and as indicated recently by the Australian Treasurer Wayne Swan.

Further out, the budget surplus is expected to build slowly over 2013/14 and 2014/15, with surpluses expected to come in at A$1.04bn and A$5.31bn respectively. Growth is expected to be 3.25% in 2012/13, on the upper-end of the RBA's forecast range of 2.5-3.5%.

Net debt is forecast to peak at 9.6% of GDP in 2011/12 before dropping to 9.2% in 2012/13. A$34.6bn worth of Australian bonds will be sold in 2012-13. Meanwhile, the face value of Treasury bonds on issue at 30 June 2012 is projected to be around A$205bn and around A$214bn, indicating net bond sales of A$9bn. More in our impact note later. CT

Australian inflation rate march 2012

World Economic outlook - Australian inflation rate march 2012 : Australia's inflation gauge rose 0.5 percent month-on-month in March, following a 0.1 percent increase in February, a report from the TD Securities and Melbourne Institute showed Monday.

In the twelve months to March, the Inflation Gauge increased 1.8 percent, marking the lowest annual inflation rate in two years.

australian Interest rates march 2012

World Economic outlook - australian Interest rates march 2012 : The Reserve Bank of Australia (RBA) has left official interest rates unchanged at 4.25 per cent at its board meeting on March 6, 2012.

Australian inflation rate outlook February 2012

World Economic outlook - Australian inflation rate outlook February 2012 : At its meeting on February 6, 2011, the Board of the Reserve Bank of Australia decided to leave its cash rate unchanged at 4.25 percent, after two consecutive rate cuts brought the benchmark rate down from 4.75 percent. The Board’s decision came as a surprise to many, as a 25 basis points rate cut had been widely anticipated. The Board’s decision was based on expectations that growth of the Australian economy would continue close to trend and inflation would converge close to target. This assessment was supported by recent data that suggested continuing moderate expansion in the U.S., robust, albeit moderated, growth in China, and recovery of commodity prices over the past couple of months.

RBA Australian interest rate february 2012

World Economic outlook - RBA Australian interest rate february 2012 : The Reserve Bank of Australia (RBA) has left official interest rates unchanged at 4.25 per cent at its board meeting on February 6, 2012.

australian inflation rate january 2012

World Economic outlook - australian inflation rate january 2012 : THE Reserve Bank of Australia has lowered its inflation and growth forecasts for the first half of 2012 as uncertainty about Europe's debt crisis weighs on domestic household and business spending.

The RBA expects underlying inflation to be about 2.25 per cent for the year to the end of June, 0.25 basis points lower than it forecast three months ago.

australian CPI Forecast 2012

World Economic outlook - australian CPI Forecast 2012 : Consumer prices have missed expectations in the fourth quarter, adding to speculation of an interest rate cut, according to data from the Australian Bureau of Statistics.

The ABS consumer price index showed no change in the headline rate during the December quarter, compared to a 0.6 per cent rise in the previous quarter. Analysts were expecting a rise of 0.2 per cent.

australian inflation rate forecast 2012

World Economic outlook - australian inflation rate forecast 2012 : Consumer price inflation in the quarter to December was unchanged according to the latest data released by the Australian Bureau of Statistics. The prices increased 3.1% in the year 2011 compared to price increase of 3.5% in the year ending in September. In the third quarter inflation increased 0.6%.

The quarterly prices were flat after fruit prices declined 13.4% and vegetables prices fell 5% and pharmaceutical prices declined 5.6%. Domestic holiday travel increased 7.3% in the quarter and rent gained 1%.

Australian Consumer price inflation 2012, Australian cpi outlook 2012, Australian inflation rate prediction 2012, how high Australian inflation rate 2012-2013

Australian Consumer Price Index (CPI) december 2011

World Economic outlook Australian Consumer Price Index (CPI) december 2011 : The Australian Bureau of Statistics will on January 25 publish Consumer Price Index figures for the December quarter.

Australia interest rates forecast february 2012

World Economic outlook - Australia interest rates forecast february 2012 : Economist's believe the rate of inflation is slowing, giving the Reserve Bank more room to cut interest rates in February

The falling inflation rate is good news for families worried about the cost of living. And it's also good news for homeowners and prospective property buyers hoping February will bring another cut to interest rates.

sydney property market outlook 2012

World Economic outlook - sydney property market outlook 2012 : Residential property markets in Australia have generally struggled for growth in 2011 with reduced buyer activity and decreased median house prices being recorded in all capital cities.

Data from Australian Property Monitors shows that in the latter part of the year an expected Spring revival in buyer activity failed to happen. National median house prices fell by 1.6% over the third quarter and were down by 4.2% over the year.

australian property market forecast 2012

World Economic outlook - australian property market forecast 2012 ; EXPERTS are lining up to contradict the extremist property analyst Steve Keen's prediction that the nation faces a drop of up to 10 per cent in house prices in 2012, with most forecasting moderate growth.

Releasing the Australian Property Monitors' property market outlook, senior economist Andrew Wilson tipped 3 to 5 per cent growth in median house prices nationally and for Sydney.

Europe's gloom fails to dull rosy outlook for Australia

World Economic outlook - Europe's gloom fails to dull rosy outlook for Australia : WITH the news out of Europe getting worse by the day and night, it comes as a surprise to find that even the more pessimistic Australian economists are actually quite optimistic.

It's getting hard to keep up with the avalanche of negative headlines tumbling out of the Old World. Europe's weekend newspapers report the OECD telling the UK it's slipping back into recession, Belgium's credit rating being downgraded a notch, Hungary's reduced to junk, Italian bonds setting euro-era record high yields, the euro making the greenback look (relatively) good and George Michael scrapping his British tour (that was Murdoch's London Sun).

australian economic forecast 2011-2012

World Economic outlook - australian economic forecast 2011-2012 ; The favourable outlook for the Australian economy is supported by improving global conditions, although the international recovery remains uneven following the GFC and risks remain elevated. The world economy continues to recover and fears that growth would not be sustained have receded. Financial conditions have also improved, and global risk aversion and financial market volatility have moderated, notwithstanding ongoing concerns in some European countries. Looking ahead, the recovery in advanced economies is forecast to consolidate, while growth in the large emerging economies is expected to moderate to more sustainable rates. Accordingly, the global economy is expected to grow 4¼ per cent in 2011 and 4½ per cent in 2012, down from 5 per cent growth in 2010.