Investor Presentaiton
AUSTRALIA AND NZ KEY ECONOMIC INDICATORS
AUSTRALIAN ECONOMIC INDICATORS (%)¹
NZ ECONOMIC INDICATORS (%)¹
CY18 CY19 CY20(f) CY21(f) CY22(f)
CY18
CY19
CY20(f) CY21(f) CY22(f)
GDP growth²
2.2
2.3
-4.7
4.6
2.9
GDP growth²
3.3
1.8
-5.7
3.2
4.2
Unemployment³
5.0
5.2
7.6
6.9
5.9
Unemployment³
4.4
4.1
6.6
6.4
4.6
Core Inflation4
Cash rate target³
1.7
1.4
1.2
1.4
1.7
Inflation4
1.50
0.75
0.10
0.10
0.10
Cash rate (OCR)³
AUSTRALIAN SYSTEM GROWTH (%) 5
1.9
1.9
0.8
0.9
1.6
1.75
1.0
0.25
-0.50
-0.25
NZ SYSTEM GROWTH (%) 5
FY18
FY19
FY20
FY21(f) FY22(f)
FY18
FY19
FY20
FY21(f) FY22(f)
Housing
5.3
3.0
3.3
0.3
3.2
Housing
6.0
6.5
6.8
4.0
4.0
Personal
-1.4
-4.4
-12.5
-1.5
0.0
Personal
4.7
0.1
-11.7
2.0
4.0
Business
4.5
3.3
2.0
1.8
4.2
Business
4.1
4.8
-1.1
-3.0
3.5
Total lending
4.6
2.7
2.0
0.7
3.4
Total lending
5.2
5.6
31
3.1
1.3
3.8
System deposits
2.1
3.8
11.7
0.7
3.4
Household retail
deposits
6.9
5.1
9.4
3.0
3.8
105
(1) Sources: ABS, Econdata DX, RBA, RBNZ, Stats NZ, NAB
December quarter on December quarter of previous year
(2)
(3)
As at December quarter
(4)
2015
December quarter on December quarter of previous year. For Australia, average of trimmed mean and weighted median indices
(5) Source: RBA, RBNZ, NAB. Bank fiscal year-ended (September)
National
Australia
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