ozstatistics

ozstatistics Australian data and statistics on economics, demographics and other social subjects displayed in innovative graphical formats

Labour force stats for Australia give a powerful insight into economic pressures and likely policy moves. The economy ha...
26/10/2024

Labour force stats for Australia give a powerful insight into economic pressures and likely policy moves. The economy has been cooking hot, with unemployment near a record low (4.1%) and participation near record high (above 66%). That second detail is because increasing numbers of women are entering the paid workforce, as well as grandparents. All looking for some extra dollars to make ends meet, pay mortgages, taxes, and the rising cost of living. How did such a comfortable growing economy become so anxious, with the wheels nearly falling off in several industries?
One thing this will certainly confirm is that interest rates will stay high.
Are you affected?

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Aaaarghhhh… death data for Australia confirms what we expect, old people die more often that young people. Around 40% of...
17/10/2024

Aaaarghhhh… death data for Australia confirms what we expect, old people die more often that young people. Around 40% of all deaths are for people over 85. And 60% are for people over 65.
The death rate has however fluctuated in the COVID age. The high levels of isolation and mask wearing initially contributed to keeping more older people alive for longer. As the population got immunized, we let our guard down. Even hospitals don’t have mask wearing now, despite high risks of airborne transmission. So, there has been a spike of deaths in 2022 and then a return to trend.
Are you affected?

Comments/questions welcome.

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Australia’s population can be shown on a line graph displaying all the ages and divided by s*x (oops is that gender?). I...
10/08/2024

Australia’s population can be shown on a line graph displaying all the ages and divided by s*x (oops is that gender?). If Australia was an island with no immigration then the chart would simply drop from the high point at the left downwards to the right. It would have the most zero year olds (about 300,000), with slightly more boys and would finish at around 100 years old, with substantially more women than men (more than twice as many but only a few thousand). The population humps in the middle are mainly driven by inbound migration of people who are of working age (and breeding age). The rate at which people arrive and stay has an impact on economic growth, population movement, culture, rental and real estate prices, and wellbeing.

Are you affected?

Comments/questions welcome.

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Counting net movements, Victoria was the Australia state with highest annual population growth for around a decade, peak...
08/08/2024

Counting net movements, Victoria was the Australia state with highest annual population growth for around a decade, peaking at just over 100,000 people increase per year in 2017. NSW was not far behind at just below 90,000 growth. This pattern collapsed with the onset of COVID measures in 2020. Australian government was hoping to revive the growth in the last two years, and make up for lost time, with catastrophic consequences for rental prices and the poor. Infrastructure is also under pressure with ever increasing population, more cars on roads, more trucks, more plastic waste, more anxiety, but oooohhh the economic growth numbers… what’s not to love?! Are you affected?

Australian GDP has hit its lowest annual number in around 30 years. Not since the ‘recession we had to have’ when Paul K...
06/06/2024

Australian GDP has hit its lowest annual number in around 30 years. Not since the ‘recession we had to have’ when Paul Keating was Treasurer, has a GDP print been this low. But what does it mean this time around. In 1991 unemployment jumped to around 10%, notably after multiple rate rises. The RBA today is again trying to slow the economy, and that means hardship (distributed unfairly) to a share of the population.
A new epoch is just around the corner, but tough times will continue.

Are you affected?

Comments/questions welcome.

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Think of the Australian economy as composed of a civilian population (adults) who are either employed (full-time or part...
23/03/2024

Think of the Australian economy as composed of a civilian population (adults) who are either employed (full-time or part-time) or registered as unemployed or not in the labour force. In the last 4 years the population has boomed (+1.4 million), especially in the last year, from rebounding immigration, and they have been finding jobs in a booming economy, despite the unprecedented pace of interest rate rises in the last year. Employment increased on the back of migrants, by 1 million. Unemployment decreased both in total and as a rate (down to 3.7%). Govt not happy, despite record tax revenues and declining payouts to dole recipients. Because we are running too tight and lots of people are struggling despite the extraordinary wealth that has been generated in this period. Aaahh. Capitalism. Contradictions abounding.
What do you think? Crisis? What crisis?

#6202

Australia’s unemployment rate (4.1% in January) is starting to accelerate upward but from a historic low base. The parti...
15/02/2024

Australia’s unemployment rate (4.1% in January) is starting to accelerate upward but from a historic low base. The participation rate of the population (the ratio of people in the workforce, to those not in the workforce) is also easing (now 66%). But again, off a very high level, when even Grandpa went back to work.
Where to next? The higher RBA cash rate and mortgage rates are continuing to bite the population’s spending power. More layoffs may be in the pipeline. Certain sectors of the economy are feeling it more than others, but at the same time, there’s still plenty of cash around.
What do you think? Are you affected?
Comments welcome.

3T and over
20/01/2024

3T and over

Australian unemployment is up, but not by much. People are leaving the workforce too, and so total employment drops a fr...
18/01/2024

Australian unemployment is up, but not by much. People are leaving the workforce too, and so total employment drops a fraction. NSW has had the biggest increase in unemployment rate but remains lowest, at 3.4 percent. Queensland has the highest rate at 4.3 percent. What next? The impact of multiple rate rises is still percolating through the economy. What do you think? Are you affected? #6202.0

Over a period of more than 20 years this author has created hundreds of passwords for a variety of sites. Luckily, the d...
11/01/2024

Over a period of more than 20 years this author has created hundreds of passwords for a variety of sites. Luckily, the dates were usually recorded. Seems that there is an ongoing proliferation. No wonder people write down passwords and reminders on bits of paper.

Alma martyr
14/12/2023

Alma martyr

The birth rate within Australia today is not enough to keep the population stable. The birth rate is negative or below r...
10/12/2023

The birth rate within Australia today is not enough to keep the population stable. The birth rate is negative or below replacement. Despite that, Australia’s population is growing by an extraordinary amount, due to net inbound migration.
The ABS predicts an average population growth over the next 10 years of at least 300,000 per year. After that, their prediction is for a much lower annual number. That estimate is dubious, and the rate could well remain as high as today. In this case, Australia’s population would double in 50 years. The current rate of population growth has manifested in housing shortages and a powerful trend to high rise living. Medium and high density is the future, not the quarter acre block of legend. More children will grow up as they do in Hong Kong, in tiny apartments, many storeys above the ground, far from backyards and playgrounds. The sedentary lifestyle of future citizens, nearly 50 million in 2071, will have an impact on physical as well as mental health. But at least we will have growth, the sin qua non of the modern economy.

Australia’s prime minister visited China in November, trying to repair trade relations, among other matters. China has b...
11/11/2023

Australia’s prime minister visited China in November, trying to repair trade relations, among other matters. China has become, by far, Australia’s biggest trade partner. Exports to China were 5% of total merchandise exports 30 years ago. Now China is at 35% of total. Japan, next in line, is half that amount. This level of dependence can play havoc with economic performance, when relations sour. Several exports are currently still subject to bans or limitations today.
What do you reckon? Affected by trade with China?
Comments welcome.
#5368

Australia's pattern of childbirth has changed over the last 50 years. Women are having children later and less often. It...
29/10/2023

Australia's pattern of childbirth has changed over the last 50 years. Women are having children later and less often. It is increasingly uncommon for women to have children in their 20s. Instead, childbirth is delayed into the 30s. In the 1970s it was rare for a woman to have a child in her 40s, but this phenomenon has exploded. Even in 2022, the numbers increased substantially against the previous year. The chart shows a rarer example, of women having children without paternity established. This includes women who could not or would not identify a partner. Assisted fertility may be a factor as well as greater financial independence for older women.
In 2021 there were more than 900 children born to women over 40 (without paternity ID), a value that is 5 times higher than 50 years ago.
Questions welcome. Like. Share.
Got something to add? Go for it.

New Zealanders are the biggest share of visitors to Australia. They up to a sixth of total visitors, though their number...
25/10/2023

New Zealanders are the biggest share of visitors to Australia. They up to a sixth of total visitors, though their numbers are down by 16% from August 2019 arrivals.
US visitors have had the greatest recovery in percentage terms, being down ‘only’ 9% since August 2019. However, US visitors are less than half the number of New Zealanders.
Indian visitors are by far the fastest increasing inbound nationality. Measured from their numbers arriving since 2018, their number has increased by around 12%.
Chinese visitors had rivalled NZ visitors in total numbers in 2019, at around 1.4 million per year. They are now arriving in much lower numbers than four years ago, although, their return is recovering rapidly.
What do you reckon? Seen more tourists lately?
Comments welcome.
#3401

The Aboriginal population of Australia increased from less than 1% of Australia's total in 1971 to 3.2% in 2021. This is...
08/10/2023

The Aboriginal population of Australia increased from less than 1% of Australia's total in 1971 to 3.2% in 2021. This is an astounding 7 fold increase in the space of 50 years or from 115,000 to 813,000 persons.
In that time, Australia's population as a whole went from around 13 million to 26 million or 2 fold. The total population increase was substantially driven by immigration. The natural increase (or births) contributed a far lesser portion, and even then, partly due to an increased population base. The Aboriginal population increase is partly due to a higher birth rate, but mostly due to identification, particularly of mixed race babies in Eastern Australian states. (The chart shows the Aboriginal increase as numbers, but the other two series only as relative movement (index).

Australia’s GDP numbers are intrinsically misleading and contradictory. These numbers aggregate the economic activity of...
07/09/2023

Australia’s GDP numbers are intrinsically misleading and contradictory. These numbers aggregate the economic activity of 25million people into a homogenous total. At 0.4% quarterly growth, this economy has slowed, but on an annual basis 2.1%, was doing well, when looking backwards. But that’s the economy, a combination of commodities, services, exports and imports, and the sale of things that add no value (such as houses). In real terms, productivity has stagnated and many 100s of thousands have had their fortunes realigned, with interest rates rising at a shocking pace (now leveled off). Record high inbound migration is the source of economic growth, and this too has caused economic turmoil. Always good for the numbers, but disruptive for renters.
Is this fair? Are you affected?

Comments/questions welcome.

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#5206

Australian unemployment figure of 3.7% in July is a rise on the previous year, suggesting a weakening of the economy. Bu...
18/08/2023

Australian unemployment figure of 3.7% in July is a rise on the previous year, suggesting a weakening of the economy. But the details are contradictory, with NSW accounting for the main losses in part time work. Meanwhile, QLD unemployment increased the most, yet with barely any job losses. That suggests more people either registering for work, or the unemployed from other states moving North! What do you reckon? Are we on a tipping point?

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