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Long-Term Economic Forces Impacting Australia: Presentation at QUT Business Leaders’ Forum

Explore the forces shaping the Australian economy in the long run, presented by Ken Henry at Queensland University of Technology. Charts on GDP growth, participation rate, per capita GDP, terms of trade, current account balance, national saving, and national investment.

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Long-Term Economic Forces Impacting Australia: Presentation at QUT Business Leaders’ Forum

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  1. The shape of things to come:long run forces affecting the Australian economy Presentation to Queensland University of TechnologyBusiness Leaders’ Forum Ken HenryThursday 22 October 2009

  2. Chart 1: GDP growth in advanced economies Source: Ecowin.

  3. Chart 2: Participation Rate Source: ABS Cat No. 6202.0 and Treasury.

  4. Chart 3: Per capita GDP convergence Source: The Conference Board Total Economy Database, IMF and Treasury.

  5. Chart 4: Terms of Trade Note: From September quarter 1959, quarterly data from ABS Catalogue Number 5302.0; prior to September quarter 1959, MW Butlin (1977) ‘A Preliminary Annual Database 1900-01 to 1973-74’, RBA Discussion Paper 7701.Source: ABS Catalogue Number 5302.0, RBA and Treasury.

  6. Chart 5: Australia’s Current Account Balance 1901-2009 Source: ABS Catalogue Numbers 5206.0, 5302.0 and RBA.

  7. Chart 6: Australia’s national saving Note: Gross National Savings.Source: IMF World Economic Outlook, ABS Cat No. 5206.0.

  8. Chart 7: Australia’s National Investment Source: IMF World Economic Outlook, OECD Economic Outlook, ABS Cat No. 5206.0. Data refers to average of 2000s.

  9. The shape of things to come:long run forces affecting the Australian economy Presentation to Queensland University of TechnologyBusiness Leaders’ Forum Ken HenryThursday 22 October 2009

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