1350.0 - Australian Economic Indicators, Nov 2008  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 31/10/2008   
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SUMMARY

State summary
Period
New South Wales
Victoria
Queensland
South Australia
Western Australia
Tasmania
Northern Territory
Australian Capital Territory
Australia
Selected indicators
Labour force Participation rate (%) (trend)
September 2008 (M)
63.2
64.5
67.4
63.4
69.1
62.6
71.9
72.7
65.2
Unemployment rate (%) (trend)
September 2008 (M)
4.8
4.4
3.6
5.0
2.9
3.9
2.6
2.9
4.2
Average weekly total earnings ($) (original)
May 2008 (Q)
904.66
867.25
850.25
818.54
987.31
776.41
915.85
1 071.08
888.45
Selected indicators per head of population(a)
Final demand ($’000) (Chain volume measures) (seasonally adjusted)
June Quarter 2008 (Q)
12.1
12.4
13.1
11.4
15.4
11.2
17.4
26.4
12.9
Retail turnover ($) (Chain volume measures) (seasonally adjusted)
June Quarter 2008 (Q)
2 669
2 578
2 773
2 572
2 891
2 506
2 786
3 182
2 688
Retail turnover ($) (trend)
August 2008 (M)
817
857
902
833
961
832
900
991
864
Private new capital expenditure ($) (seasonally adjusted)(b)
June Quarter 2008 (Q)
786
819
1 101
745
2 867
696
2 088
344
1 073
Registration of new motor vehicles (no. per ’000 population) (trend)
September 2008 (M)
3.543
4.088
3.966
3.326
4.453
3.241
4.007
3.502
3.835
Res. building approvals (no. per ’000 population) (trend)
August 2008 (M)
0.335
0.690
0.669
0.699
0.873
0.563
0.206
0.744
0.582
Res. building approvals ($) (original)
August 2008 (M)
72
160
170
117
259
93
93
92
137
Housing finance commitments ($) (original)
August 2008 (M)
555
516
556
509
747
335
362
522
554
Percentage change from previous period
Final demand (Chain volume measures) (seasonally adjusted)
June Quarter 2008 (Q)
-0.1
1.8
1.2
1.0
2.4
3.2
2.0
1.6
0.9
Retail turnover (Chain volume measures) (seasonally adjusted)
June Quarter 2008 (Q)
-1.0
-1.9
-0.3
1.2
1.5
2.1
1.6
-1.0
-0.6
Retail turnover (trend)
August 2008 (M)
0.0
0.2
0.9
0.7
0.2
0.9
0.4
-0.9
0.3
Private new capital expenditure (seasonally adjusted)(b)
June Quarter 2008 (Q)
4.1
6.4
5.3
-18.6
2.3
43.0
38.2
-11.9
4.5
Registration of new motor vehicles (trend)
August 2008 (Q)
-1.6
-2.0
-2.6
-0.6
-1.1
-0.6
-0.9
-2.4
-1.8
Res. building approvals- number (trend)
August 2008 (M)
-2.4
1.4
-4.0
-1.3
0.2
2.6
-16.7
2.0
-1.1
Res. building approvals- value (original)
August 2008 (M)
-23.3
-16.2
-7.1
-14.3
0.2
-35.5
102.6
-47.8
-13.3
Consumer Price Index (original)
September Quarter 2008 (M)
1.1
1.2
1.4
1.3
1.0
1.1
1.7
1.5
1.2
Labour force participation rate (percentage points) (trend)
September 2008 (M)
-0.1
-0.1
0.0
0.1
0.2
0.2
-0.1
0.0
0.0
Unemployment rate (percentage points) (trend)
September 2008 (M)
0.0
0.0
0.0
0.1
-0.1
-0.1
-0.1
0.1
0.0
Average weekly total earnings (original)
May 2008 (Q)
-1.7
-0.4
1.5
1.8
-0.1
-0.9
-1.7
0.3
-0.3
Housing finance commitments (original)
August 2008 (M)
-11.0
-13.3
-11.1
-6.5
-9.8
1.3
-13.0
-2.0
-10.8
Total hourly rates of pay indexes, excluding bonuses (original)
June Quarter 2008 (Q)
0.9
1.0
0.7
0.6
1.4
0.8
1.7
0.6
0.9
(a) The latest quarterly estimate of Australian resident population is shown in Table 9.2. This estimation has been used to calculate ratios for subsequent periods.
(b) Extreme care should be exercised in using the seasonally adjusted series for Private new capital expenditure for Northern Territory and the Australian Capital Territory. The highly erratic nature of this data makes reliable estimation of the seasonal pattern very difficult.








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