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In Recent Decades, Many People Have Sought Refugee Status and This Has Caused a Lot of Discussion on the Issue. Many Argue That Refugees Should Not Be Given Priority in Gaining Entry to Democratic Countries, While

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DEMAND-SIDE CONDITIONS |
1991
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Latest
2005-06 | |1. Consumer confidence (Westpac – MelbourneInstitute) |87.0 |90.0 |109.0 |107.0 |106.0 |104.0 |102.0 |108.1 |106 |101 |109 |Dec ‘03
113 |June ‘04
115 |Apr ‘05
104
June ’05 114 |May ‘06
104.1 | |2. Business confidence
(NAB net balance) |-3.2 |10.0 |20.3 |21.2 |4.8 |10.4 |9.3 |1.6 |6.2 |2.7 |13.4 | | | |Apr ‘06
12 | |3. Gross disposable income (annual %) |2.1 |1.7 |2.7 |6.0 |4.7 |3.9 |2.2 |6.2 |5.4 |9.9 |4.0 | | | |Mar’05 –Mar 06
5.5 | |4. Credit growth (annual %) |-1.0 |2.0 |5.0 |9.0 |12.0 |8.0 |11.0 |9.4 |9.9 |9.7 |11.5 | | | | | |5. Official interest rates (% at June) |10.5 |6.5 |5.25 |4.75 |7.5 |5.5 |5.0 |4.75 |6.0 |5.0 |4.75 |4.75 |5.25 |5.5 Mar ‘05 |6.0
Aug ‘06 | |6. Underlying budget outcome ($ billion) |-11.5 |-16.9 |-17.0 |-13.1 |-10.3 |-4.9 |1.2 |5.6 |12.7 |5.6 |-1.3 |7.5 |8.0 |13.6 | ’05-06
15.8
Estimate ’06-07
10.8 | |7. Terms of trade index ( 2002-2003 = 100 ) | |88 |87 |90 |91 |95 |93 |89 |95 |97 |98 |100 |105 |114 |122
Mar Qtr 2006 | |8. Exchange Rate
($US/$A in June) |76 |74 |67 |72 |79 |75 |60 |66 |60 |51 |56 |66 |69 | 76 |Nov ‘05
73
Feb ‘06
74
Oct ‘06
76 | |9. USA growth in GDP (annual %) |1.0 |3.2 |3.1 |3.6 |2.8 |4.1 |4.4 |4.1 |4.4 |1.8 |0.8 |2.2

| |3.6 |3.6 | |10. Japan growth in GDP (annual %) |2.2 |0.5 |0.5 |1.4 |3.0 |2.7 |0.1 |-0.4 |1.5 |0.6 |-1.4 |2.7 | |1.2 |3.0 | |AUST. BUSINESS
CYCLE/
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CONDITIONS |
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( | |Annual % change in chain volume GDP |0.2 |3.7 |3.9 |4.3 |4.2

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