Strong GDP per capita performance
Favourable well-being scores
A range of economic, social and environmental challenges
Robust output growth with recovering investment and falling unemployment
Wage and price inflation remain subdued
House prices are easing but the household-debt burden continues to rise
Exports of commodities to Asia remain dominant
Policy-rate normalisation yet to begin, federal budget consolidation continues
Capital and liquidity positions of banks have improved
Low public debt and comparatively low government spending
Federal budget consolidation since the global finance crisis
A wide range of debt-reduction speeds can be followed
The Goods and Services Tax rate is low in international comparison
Education and health indicators point to middle-ranking spending, yet room for better outcomes
A new surge in government investment is underway
Australia's PISA performance is weakening
Motherhood has a strong impact on labour market participation
Partnered mothers work very short hours
A favourable regulatory climate for business
Services Trade Restrictiveness Index
FigureĀ 21. Environmental indicators