Territory Stories

Territory economic review

Details:

Title

Territory economic review

Creator

NT Treasury, Economic and Social Analysis Unit

Collection

Territory economic review; Department of Treasury and Finance newsletters; PublicationNT; E-Journals

Date

2012-05-01

Notes

Date:2012-05; Made available via the Publications (Legal Deposit) Act 2004 (NT).; This publication contains may contain links to external sites. These external sites may no longer be active.

Language

English

Subject

Northern Territory -- Economic conditions -- Periodicals

Publisher name

Northern Territory Government

Place of publication

Darwin

File type

application/pdf

Copyright owner

Northern Territorty Government

Parent handle

https://hdl.handle.net/10070/248607

Citation address

https://hdl.handle.net/10070/570483

Page content

Territory Economic Review May 2012 Economic Group Northern Territory Treasury (08) 8999 6801 www.nt.gov.au/ntt/ economicservices.ntt@nt.gov.au - 16 - Note: Care should be taken in using monthly estimates for the Territory, in view of the small numbers and the volatile nature of the data. Although all due care has been exercised in the preparation of this material, no responsibility is accepted for any errors or omissions. For queries please contact Northern Territory Treasury, Economic and Social Analysis Unit, on (08) 8999 6801. Indicator Period Measure NT NSW Vic Qld SA WA Tas ACT Aus Economic Growth Gross Domestic Product (a) 2010-11 % change 1.6 2.2 2.5 0.2 2.4 3.5 0.8 2.8 2.1 State Final Demand (a) Year to Dec 11 % change 1.0 2.3 2.3 7.1 0.4 10.9 1.0 2.8 4.2 International Goods Exports Year to Feb 12 % change -4.3 14.7 8.4 9.9 18.3 13.7 0.2 50.0 12.0 International Goods Imports Year to Feb 12 % change 14.7 5.9 4.4 17.5 11.9 19.6 43.7 160.0 11.9 Demography Population Sep-10 Qtr to Sep-11 Qtr % change 0.5 1.1 1.5 1.7 0.8 2.6 0.5 1.9 1.4 Labour Market Employment (trend) Mar 11 to Mar 12 % change 2.4 -0.1 -1.0 0.7 0.2 3.4 -1.6 0.7 0.3 Participation Rate (trend) As at March 11 % 72.7 63.9 65.9 67.3 63.6 68.2 61.2 73.0 65.7 As at March 12 % 75.2 63.3 65.0 67.0 63.1 68.9 60.9 72.2 65.3 Unemployment Rate (trend) As at March 11 % 2.9 5.0 4.8 5.4 5.5 4.3 5.6 3.6 4.9 As at March 12 % 4.0 5.0 5.5 5.5 5.1 4.0 7.2 3.6 5.2 ANZ Job Ads Year to Mar 12 % change -7.8 2.7 -3.2 -5.3 -21.8 9.2 -10.3 -3.9 -2.2 Prices and Wages Consumer Price Index Mar-11 Qtr to Mar-12 Qtr % change 1.7 1.6 1.4 1.3 1.8 1.9 2.1 1.6 1.6 Year to Mar 12 Qtr % change 2.5 3.1 2.9 2.7 3.3 2.6 3.0 3.2 2.9 Average Weekly Earnings As at November 11 $ 1438.20 1375.40 1346.30 1364.60 1262.90 1634.00 1212.70 1571.00 1390.50 (full-time adult total earnings) Housing Sector Building Approvals (number) Year to Feb 12 % change -22.5 -7.4 -18.3 -14.8 -23.6 -13.7 -19.4 -7.0 -14.9 Building Activity Year to Dec 11 % change -4.4 -14.0 -1.6 -15.0 -12.2 -1.3 -13.6 -3.8 -8.4 Housing Finance for Year to Feb 12 % change 1.6 12.6 1.6 -3.6 -0.3 14.0 -1.2 1.1 5.0 Owner Occupation (number) Housing Affordability Indicator (b) As at December 11 Level 45.1 26.4 30.2 32.3 29.2 43.7 37.0 53.7 30.4 Dwelling Commencements ( c) Year to December 11 % change -15.8 -6.7 -9.5 -15.9 -19.7 -20.3 -15.8 -0.6 -12.3 Consumer Spending Retail Trade (current $) Year to Feb 12 % change 3.2 0.8 3.2 3.3 -0.3 8.7 -0.1 -0.1 2.7 New Motor Vehicle Sales (No.) Year to Mar 12 % change 0.2 -0.1 -3.8 4.3 -2.9 -4.1 -13.9 -3.7 -1.2 Petrol Prices As at Mar 12 cents per litre 157.4 147.8 145.8 150.5 146.8 149.0 154.8 146.1 147.8 Tourist Accommodation - Year to Dec 11 % change -2.5 5.4 6.7 3.7 4.9 12.9 3.7 -1.5 5.5 Takings (current $) Private New Capital Expenditure Business Index Sensis Buiness Index As at February 12 Qtr Level (%) 17.0 27.0 38.0 14.0 5.0 28.0 26.0 27.0 25.0 *original data unless otherwise stated (a) in real, inflation adjusted terms (b) the higher the number, the more affordable the housing (c) seasonally adjusted Source: Australian Bureau of Statistics Data, ANZ Job Advertisement Series, REIA Housing Affordability Report Comparative Economic Indicators*