Australian Housing Dynamics and Affordability
AUSTRALIAN ECONOMY
GDP GROWTH¹
%
2
Year-ended
Quarterly
-2
1994
1999
2004
2009
1%
%
5
2014
-2
2019
CREDIT GROWTH BY SECTOR¹
(year ended)
%
Housing
20
10
0
10
Business
I
2003
Personal
2007
2011
2015
Sources: ABS; APRA; RBA
Sources: 1. RBA Chart Pack Oct 2019
T
4
3
2
1
0
CONSUMER PRICE INFLATION¹
1%
Year-ended
40
5
4
3
2
1
J
0
-1
1994
1999
Quarterly
(seasonally adjusted)
2004
2009
T
2014
- Excluding interest charges prior to the September quarter 1998 and
adjusted for the tax changes of 1999-2000
Sources: ABS; RBA
-1
2019
AUSTRALIAN GOVERNMENT BUDGET BALANCE²
Per cent of nominal GDP
%
%
2
1
20
0
-1
10
-2
-3
0
4
2019
-10
%
2
1
0
-1
-2
-3
1
87/88
94/95
01/02
08/09
15/16
-5
22/23
Underlying cash balance; 2019/20 Budget
Source: Australian Treasury
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