EXAM KEY FIGURES

Question 1

2020 & 2021 real GDP growth figures

Answer 1

2020 financial year: -0.20% Real GDP growth rate (year ended June 30)
2021 financial year: 1.4% real GDP growth (year ended 30 June)

Question 2

2020 & 2021 Unemployment figures

Answer 2

2020 December: 6.6% ; September (one year ago) 6.9% peaked in June at 7.4%
2021 August: 4.5% ; September 4.6%

Question 3

20-21 Participation rate figures

Answer 3

2020: 66.2%
2021 September: 64.5%
Drop in participation explains low unemployment levels

Question 4

20-21 Inflation figures

Answer 4

2020 Financial year: CPI growth was negative -0.3% [deflation]
Over 2020 calendar year CPI rose by 0.9%
2021 financial year: CPI growth 3.8%

Over 12 months to September, CPI rose 3.0%

Question 5

CPI medium term averages (5 year)

Answer 5

30 June 2017 - 30 June 2021: Approx 1.8% CPI growth per annum

Question 6

Exchange rate figures

• AUD/USD
• TWI

Answer 6

AUD/USD TWI

2020: 1 AUD - 0.75 USD. 2020: 63 index points
2021: 1 AUD - 0.74 USD. 2021: 63 index points

Question 7

Consumer confidence: measured out of 100

Answer 7

2020: 62 index points

2021 October: Around 105 index points

Question 8

Business confidence: ratio of pessimists to optimists

Answer 8

2020 June: negative -50 index points

2021 September: 0 index points

Question 9

Terms of trade figures 2020 & 2021

Answer 9

2020: 110 index points
2021: 120 index points