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Welcome to the May 2006 Economic Briefing by The South Australian Centre for Economic Studies of

Welcome to the May 2006 Economic Briefing by The South Australian Centre for Economic Studies of Adelaide and Flinders Universities. The Economist Poll - GDP Growth & Inflation Forecasts. Real GDP (%) Consumer Prices (%) 2006 2007 2006 2007.

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Welcome to the May 2006 Economic Briefing by The South Australian Centre for Economic Studies of

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  1. Welcome to the May 2006 Economic Briefing by The South Australian Centre for Economic Studies of Adelaide and Flinders Universities

  2. The Economist Poll - GDP Growth & Inflation Forecasts • Real GDP (%) Consumer Prices (%) • 2006 2007 2006 2007 Britain 2.4 (2.3) 2.5 (2.4) 2.0 1.9 Japan 3.0 2.4 0.4 0.6 United States 3.4 (3.3) 2.8 3.1 (3.0) 2.4 (2.3) Euro Area 2.1 1.7 2.0 2.0 Australia 3.2 (3.1) 3.4 2.9 (2.8) 2.7

  3. Official Interest Rates RBA data

  4. Westpac-Melbourne Institute Index of Consumer Sentiment

  5. Index of Commodity Prices - Australia RBA data

  6. Terms of Trade Index - Australia ABS data

  7. Business Profits - Australia ABS data

  8. Private Business Investment & H’hold Spending - Australia ABS data

  9. Growth in GDP - Australia ABS data

  10. Wage Price Index - Australia ABS data

  11. Balance of Payments as % GDP - Australia ABS Data

  12. Merchandise Imports as % Domestic Sales - Australia ABS data

  13. Construction Activity – South Australia ABS data

  14. Value of Building Approvals – South Australia ABS data

  15. Engineering Construction Work – South Australia ABS data

  16. Terms of Trade Index – South Australia and Australia ABS data

  17. 2006-07 Income Tax Scale Option A Option B 0 - 6,000 0% 0 - 6,000 6,001 - 25,000 15% 6,001 - 125,000 25,001 - 75,000 30% 125,001 - 175,000 75,001 - 150,000 40% 175,001 - 250,000 150,001 + 45% 250,000 +

  18. Share of Total Hours Worked by Qualification

  19. The South Australian Centre for Economic Studies May 2006 Economic Briefing Overview Presenter: Associate Professor Owen Covick

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