Economy & Jobs
Core economic health: growth, inflation, employment, and productivity.
Average Electricity Price
Average retail electricity price paid by Australian households in cents per kilowatt-hour, shown nationally with drill-down by state. Compiled from ACCC, AEMC, and AER published data.
GDP per Capita (Real)
Annual GDP per person in real terms (chain volume, 2022-23 reference year). Shows the total value of goods and services produced per Australian, adjusted for inflation.
Inflation Rate (CPI)
The annual percentage change in the Consumer Price Index (CPI) — how much more expensive goods and services are compared to a year ago.
Labour Productivity Growth
Annual percentage change in output per hour worked across the economy — how fast productivity is improving. Combines the old level index and growth rate into a single measure.
Manufacturing Employment
Total number of people employed in the manufacturing sector.
Real Wage Growth
Nominal wage growth (Wage Price Index) minus the inflation rate (CPI). Shows whether wages are keeping up with prices — the single number that tells people if they're going forwards or backwards financially.
Real Wages Index
The Wage Price Index deflated by CPI, showing the purchasing power of wages over time. A value above 100 means wages have grown faster than prices since 2012; below 100 means they have fallen behind.
Unemployment Rate
The percentage of people who are actively looking for work but cannot find it.
Youth Unemployment Rate (15–24)
Unemployment rate for young Australians aged 15 to 24. Typically much higher than the headline rate, currently around 9% versus the overall 4%.