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STATISTICAL SUMMARY 1977-84 COPYright © 2001 All Rights Reserved ...... STATISTICAL SUMMARY: 1983 SEMINAR 'l) ex; Last year(8) Next year's predictions ....... ,..... (83/84) (82/83) \CO ex; -i'- Actual(8) Government( 9) Fisher Board McCawley tJ;j c:; Inflation(l) 9.0 ll.S 7.S 7.S-8.0 8.0 c;) excluding health t'l ..., Real growth(2) -1.0 2.0 1.0-2.0 2.0 3.0 Up Up Unemployment (3) 10.3 1.0 1.0 10.S 11.0 () Short term interest rates(4) 11.0 11.0 ~ 11.93 continued ...., cO· pressure somewhat ::::r on interest higher @ " Long-term rates I\..) interest rates(S) 14.90 lS.0 13.0 Current account deficit(6) 4076-6468m 4S0D-SSOOm 4S0Om sooOm 6468m ;u Exchange rate(7) 77 .9 "Needs to Strengthening Weakening Strengthening cO· to 8S be flexibly ::::r managed" en ;u Notes: CD en CD lOne year 3ercentage change to June 30th of CPr. 20ne year percentage change in non-farm gross domestic :;: ~roduct. Percentage of labour force unemployed (looking for full or part-time work) in June, ABS rate. CD C. Percent per annum, end-June rate on 13-week Treasury notes. Spercent per annum, June rate on 2D-year Commonwealth bonds. 6Dollars, one year to June 30th. 7 June trade weighted index, May 1970 = 100. 8Sources: Inflation; 1983-84 Budget Statement 2, p.32. Real
Australian Journal of Management – SAGE
Published: Dec 1, 1983
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