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

2009-12-01

Notes

Date:2009-12; This publication contains may contain links to external sites. These external sites may no longer be active.; Made available via the Publications (Legal Deposit) Act 2004 (NT).

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/10070/216177

Citation address

https://hdl.handle.net/10070/710409

Page content

Territory Economic Review December 2009 Economic Group Northern Territory Treasury (08) 8999 6801 www.nt.gov.au/ntt/ economicservices.ntt@nt.gov.au Indicator Period Measure NT NSW Vic Qld SA WA Tas ACT Aus Economic Growth Gross Domestic Product(a) 2007-08 % change 3.9 2.8 3.2 5.3 3.8 5.2 3.4 2.5 3.7 State Final Demand(a) Year to Jun 09 % change 6.2 1.8 3.1 1.9 5.4 5.2 4.4 0.3 2.5 International Goods Exports Year to Sep 09 % change 8.7 16.3 -7.0 19.9 -15.8 6.9 -9.1 14.3 7.4 International Goods Imports Year to Sep 09 % change 27.9 -0.8 -8.8 -10.0 -15.6 4.8 1.0 -20.0 -1.1 Demography Population Mar-08 Qtr to Mar-09 Qtr % change 2.2 1.6 2.1 2.6 1.2 3.1 1.0 1.8 2.1 Labour Market Employment (trend) Oct 08 to Oct 09 % change 3.5 0.4 1.0 -0.2 0.1 -1.8 -3.2 -1.6 0.0 Participation Rate (trend) As at October 08 % 72.4 63.5 64.5 67.5 63.7 69.3 62.4 73.1 65.3 As at October 09 % 73.5 63.3 64.9 67.5 63.2 68.0 60.4 71.8 65.2 Unemployment Rate (trend) As at October 08 % 3.5 5.1 4.5 3.8 5.3 2.7 4.1 2.7 4.4 As at October 09 % 3.9 5.9 5.8 6.1 5.6 5.4 5.1 3.7 5.8 ANZ Job Ads Year to Oct 09 % change -27.6 -47.8 -4.2 -46.0 2.1 -10.6 13.3 -58.7 -3.8 Prices and Wages Consumer Price Index Sep-08 Qtr to Sep-09 Qtr % change 2.7 1.3 0.6 1.9 1.4 1.2 1.8 1.4 1.3 Year to Sep 09 Qtr % change 2.9 2.2 1.7 2.8 2.3 2.1 2.2 2.5 2.2 Average Weekly Earnings As at May 09 $ 1211.50 1265.30 1213.20 1235.50 1154.50 1378.10 1077.60 1381.00 1250.30 (full-time adult total earnings) Housing Sector Building Approvals (number) Year to Sep 09 % change 13.3 -19.1 2.2 -36.9 -17.0 -16.1 0.4 40.5 -16.0 Housing Finance for Year to Sep 09 % change 13.2 8.4 1.5 3.2 8.3 -2.1 1.1 26.9 4.5 Owner Occupation (number) Housing Affordability Indicator(b) As at Mar 09 Qtr Level 46.0 33.0 36.1 33.2 35.1 38.6 36.0 59.4 35.0 Consumer Spending Retail Trade (current $) Year to Sep 09 % change 11.4 4.5 6.4 5.5 5.5 2.7 7.7 5.0 5.2 New Motor Vehicle Sales (No.) Year to Oct 09 % change -15.8 -10.9 -12.4 -14.0 -9.2 -17.3 -13.9 -5.6 -12.6 Tourist Accommodation - Year to Jun 09 % change 10.9 -3.7 -0.7 -1.4 3.7 4.0 3.7 1.3 -0.7 Takings (current $) *original data unless otherwise stated (a) in real, inflation adjusted terms (b) the higher the number, the more affordable the housing Source: Australian Bureau of Statistics Data, ANZ Job Advertisement Series, AMP Housing Affordability Report Comparative Economic Indicators* 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. - 10 -