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Slides for speech to Redlands University of Third Age on Australian Economy
- 1. The Australian Economy Where we’ve come from, where we’re going
- 3. Sketch of Australia’s economic history
- 6. 0 5,000,000 10,000,000 15,000,000 20,000,000 25,000,000 1788 1797 1806 1815 1824 1833 1842 1851 1860 1869 1878 1887 1896 1905 1914 1923 1932 1941 1950 1959 1968 1977 1986 1995 2004 2013 Population of Australia, ABS estimates From 1850 to 1860, population nearly trebled, growing from 400,000 to 1.1 million
- 12. Australia’s transformation since the 1980s
- 17. 0 10 20 30 40 50 60 70 1985 1990 1995 2000 2005 2010 2015 Passenger motor vehicle tariff rate, Australia, %
- 18. -2.0% -1.0% 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% 1953 1956 1959 1962 1965 1968 1971 1974 1977 1980 1983 1986 1989 1992 1995 1998 2001 2004 2007 2010 2013 Labour productivity growth, Australia (with 5-year moving average)
- 19. $0 $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 1950 1953 1956 1959 1962 1965 1968 1971 1974 1977 1980 1983 1986 1989 1992 1995 1998 2001 2004 2007 2010 2013 GDP per capita, inflation-adjusted US dollars Australia US
- 20. 70% 75% 80% 85% 90% 95% 1950 1953 1956 1959 1962 1965 1968 1971 1974 1977 1980 1983 1986 1989 1992 1995 1998 2001 2004 2007 2010 2013 Ratio of Australian to US GDP per capita
- 22. Where are we going from here?
- 25. Japanese robots
- 27. Any questions? Contact details Gene Tunny PO Box 1201, Milton Qld 4064 0409 727 635 gene.tunny@adepteconomics.com.au