Australia Archives (2024)

Australia Archives (1)

Australia Economic Outlook

Sequential GDP growth slowed in Q1, amid cooling consumer spending and a negative contribution from the external sector. Momentum was likely stable in the second quarter. Month-on-month retail sales growth decelerated, on average, in April-May from Q1. This, together with downbeat consumer sentiment throughout Q2, points to underwhelming household spending. That said, the labor market remained tight in April-June. Additionally, a recent report from the Federal Government indicated that the oil and gas sector, particularly LNG exports, continued to support the economy. Moreover, the underlying cash surplus for the 12 months to May amounted to AUD 19 billion, significantly exceeding the AUD 4.2 billion surplus budgeted for the whole 2022-23 financial year. This was mainly due to soaring corporate and personal tax revenue, driven in large part by strong commodity prices.

Australia Inflation

Annual inflation came in at 7.0% in Q1, down from Q4’s 7.8%, which had marked the highest reading since Q2 1990. Therefore, inflation moved closer to the 2.0–3.0% target band of the Reserve Bank of Australia (RBA). Inflation is set to ease further ahead amid a waning base effect, but accelerating wage growth, statistical carryover and pass-through effects will keep it high.

This chart displays Economic Growth (GDP, annual variation in %) for Australia from 2013 to 2022.

Australia Economic Data

20172018201920202021
Population (million)24.825.225.525.625.8
GDP (USD bn)1,3811,4151,3861,3581,644
GDP per capita (USD)55,77956,27754,28352,98163,797
GDP (AUD bn)1,8021,8961,9941,9732,190
GDP per capita (AUD)72,78775,36778,10076,95384,984
Economic Growth (Nominal GDP, ann. var. %)6.05.25.2-1.011.0
Economic Growth (GDP, ann. var. %)2.42.81.9-1.85.2
Private Consumption (ann. var. %)2.42.41.1-5.85.0
Government Consumption (ann. var. %)3.94.16.27.85.4
Business Investment (ann. var. %)3.72.6-0.8-3.88.9
Dwelling Investment (ann. var. %)-2.14.3-7.2-5.69.9
Fixed Investment (ann. var. %)3.52.3-2.5-2.810.5
Exports (G&S, ann. var. %)3.45.13.2-9.6-2.0
Imports (G&S, ann. var. %)7.84.3-1.1-12.85.4
Industrial Production (ann. var. %)1.34.02.2-0.80.8
Retail Sales (ann. var. %)2.43.02.76.65.3
Wages (ann. var. %)2.02.22.31.72.0
Unemployment (% of active population, eop)5.65.05.16.64.2
Unemployment (% of active population, aop)5.65.35.26.55.1
Fiscal Balance (% of GDP)-1.9-0.60.0-4.3-6.4
Public Debt (% of GDP)41.241.846.757.157.6
Inflation (CPI, ann. var. %, eop)1.91.81.80.93.5
Inflation (CPI, ann. var. %, aop)1.91.91.60.82.9
Inflation (PPI, ann. var. %, aop)1.61.81.80.12.2
RBA Cash Rate (%, eop)1.501.500.750.100.10
90-Day Bank Bill (%, eop)1.772.020.900.020.06
10-Year Bond Yield (%, eop)2.672.321.370.971.67
Stock Market (ann. var. of ASX %)7.8-7.419.10.713.6
Exchange Rate (USD per AUD, eop)0.780.700.700.770.73
Exchange Rate (USD per AUD, aop)0.770.750.700.690.75
Current Account Balance (USD bn)-35.4-31.05.129.949.4
Current Account Balance (% of GDP)-2.6-2.20.42.23.0
Merchandise Trade Balance (USD bn)10.030.357.348.197.2
Foreign Direct Investment (USD bn)46.168.339.416.725.1

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Australia Archives (2024)

FAQs

What is the largest archives in the world? ›

The London Archaeological Archive and Research Centre, or LAARC, has been named by Guinness World Records as the world's Largest archaeological archive.

Can anyone look at the National Archives? ›

Who can use the National Archives? Anyone can use the National Archives. You do not need to be an American citizen or to present credentials or a letter of recommendation. Please refer to the NARA regulations as published in the Code of Federal Regulations.

How reliable is National Archives? ›

We develop the information that we disseminate from reliable sources and use generally accepted methods for data collection, archival description, and editorial preparation. We thoroughly review information before we disseminate it.

Can I access the National Archives online? ›

Go to the Catalog main page at: www.archives.gov/research/catalog/. Conduct a search for the records of interest to you. You can search by keyword, National Archives Identifier (NAID), or type of archival material.

What is the oldest archive in the world? ›

The oldest known example of a collection consisting primarily of written literary works (poetry, stories, travelogues, etc.) is the Library of Ashurbanipal, assembled at Nineveh (in present-day Iraq) by Ashurbanipal (688-631 BCE), king of the Neo-Assyrian Empire.

What are the archives of the USA? ›

The National Archives and Records Administration (NARA) is the repository for the U.S. government's important documents. These records are a valuable source of information you can use to learn about your family's history, prove a veteran's military service, or research an interesting historical topic.

Why can't you take pictures in the National archive? ›

Why can't I take photographs in the National Archives Museum? Historical documents are fragile and can fade when exposed to light.

Where is the US Constitution kept? ›

Located on the upper level of the National Archives museum, the Rotunda for the Charters of Freedom is the permanent home of the original Declaration of Independence, Constitution of the United States, and Bill of Rights.

Where is the U.S. National Archives? ›

The General Admission entrance is near the corner of Constitution Avenue and 9th Street, to the left of the stairs. The Special Events entrance is near the corner of Constitution Avenue and 7th Street, to the right of the stairs. The National Archives Research Center entrance is at 700 Pennsylvania Avenue, NW.

Can you sue the National Archives? ›

Generally, a claim against the National Archives must be filed by the person who suffered the damage, loss, or injury (or that person's representative). A claim based on death may be presented by the executor or administrator of the decedent's estate or other person legally entitled to assert such a claim.

What power does the National Archives have? ›

The National Archives and Records Administration ensures, for the citizen and the public servant, for the President and the Congress and the Courts, the identification, protection, preservation, and accessibility of historically valuable records of the federal government that document the rights of American citizens, ...

What branch of government controls the National Archives? ›

There shall be an independent establishment in the executive branch of the Government to be known as the National Archives and Records Administration.

Are National Archives still free? ›

We encourage you to visit The National Archives, where you can do your research and view documents free of charge, whether they are online documents or not online. If you want to pay someone to carry out the research on your behalf instead, you can use an independent researcher or our own paid search service.

Can you just walk into the National Archives? ›

Entry to the National Archives museum is free.

Reservations are not required for individuals or groups wishing to visit the National Archives Museum, but they are strongly suggested between March and Labor Day to avoid potentially long lines outside. Tickets are normally available 90 days in advance.

Is the National Archives open to the public? ›

Plan your visit to the National Archives Museum, home of the Declaration of Independence, Constitution, and Bill of Rights. Open Daily 10 a.m. to 5:30 p.m.

What is the most requested item from the National Archives? ›

Organization history and accolades

Of all the requests made each year to the U.S. National Archives, one item has been requested more than any other: the December 21, 1970, photograph of Elvis Presley and Richard M. Nixon shaking hands during Presley's visit to the White House.

How big are the federal archives? ›

There are approximately 13.28 billion pages of textual records; 10 million maps, charts, and architectural and engineering drawings; 44.4 million still photographs, digital images, filmstrips, and graphics; 40 million aerial photographs; 563,000 reels of motion picture film; 992,000 video and sound recordings; and ...

How large is the National Archives? ›

26 million cubic feet of agency records, including: 1 million cubic feet of “accessioned-in-place” records stored for NARA. More than 329,000 cubic feet of classified records.

What are the three types of archives? ›

Types of archives
  • College and university archives: typically preserve materials related to the university or college. ...
  • Corporate archives: manage and preserve records of that business. ...
  • Government or national archives: may collect materials related to all levels of government.
Jun 15, 2023

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