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Fundermentals

The Australian economy is the 13th largest in the world, with a GDP of $1.2 trillion. The country has a population of 22.6 million, and a labor force of 11.6 million. GDP per capita comes out to $39,700 which was good for about 10th place in the world. The economy grew 3.3% in 2010.
The economy is dominated by its services sector, which makes up about 68% of GDP. Agriculture and mining amount for another 10% of GDP, and make up around 57% of the nations exports. The country is rich in natural resources, and its mining sector has seen a once-in-a-century boom as a result of surging prices for commodities. Its mining sector not accounts for 8% of GDP, up from 4% in 1994. Manufacturing accounts for another 12% of GDP.

GDP: $1.2 trillion (13th)
Population: 22.6 million
GDP per capita: $39,700 (10th)
The economy grew 3.3% in 2010. The economy is dominated by its services sector, which makes up about 68% of GDP. Agriculture and mining amount for another 10% of GDP, and make up around 57% of the nations exports. The country is rich in natural resources, and its mining sector has seen a once-in-a-century boom as a result of surging prices for commodities. Its mining sector not accounts for 8% of GDP, up from 4% in 1994. Manufacturing accounts for another 12

growth, output

GDP (Annualized) WMI Leading Index CB Leading Index Services PMI Manufacturing PMI Trade Balance demand Retail Sales New MotorVehicles Sales Private Sector Credit NAB Business Confidence

1.2% (2Q), pr.-0.9% (1Q) 0.5% m/m (Jul), 0.1% (Jun) 0.4% m/m (Mar), 0.8% (Feb) 52.1 (Aug), 48.8 (Jul) 43.3 (Aug), 43.4 (Jul) 1.83B (Jul), 1.82 (Jun) 0.5% (Jul), -0.1% (Jun) 3.3% (Jul), 9.0% (Jun) 0.2% (Jul), -0.1% (Jun) -8 (Aug), 2 (Jul)

employment and confidence

Employment Change Unemployment Rate Wage Price Index q/q WMI Consumer Sentiment inflation RBA Interest Rate Consumer Prices q/q Producer Prices q/q TDMI Inflation Gauge m/m

-9.7K (Aug), -4.1K (Jul) 5.3% (Aug), 5.1% (Jul) 0.9% (2Q), 0.8% (1Q) 8.1% m/m (Sep), -3.5% (Aug) 4.75% 0.9% (2Q), 1.6% (1Q) 0.8% (2Q), 1.2% (1Q) -0.1% (Aug), 0.3% (Jul more: http://www.fxtimes.com/country-profiles/australia/