Graph and download economic data for OECD based Recession Indicators for Australia from the Period following the Peak through the Trough (DISCONTINUED) (AUSREC) from Feb 1960 to Jul 2022 about peak, trough, recession indicators, and Australia.

The statistic shows the growth rate of Australia’s real GDP from 2020 to 2024, with projections up until 2030. In 2024, GDP in Australia grew by about 1.04 percent on the previous year.The recession-proof land down underGDP is one of the primary indicators used to gauge the state and health of a country’s economy. It is the total market value of all final goods and services that have been produced within a country in a given period of time, usually a year. GDP figures allow us to understand a country’s economy in a clear way. Real GDP, in a similar vein, is also a very useful indicator; this is a measurement that takes prices changes (inflation and deflation) into account, therefore acting as a key indicator for economic growth.The gross domestic product (GDP) growth rate in Australia has, for sometime, been able to get a steady foothold in the somewhat shaky post-recession world, shaky, but far from catastrophic. The annual growth rate between the 2008 and 2009 financial years, for example, a time at which the world was brought to its proverbial knees, saw growth rates down under reach to 2.49 and 1.37 percent respectively on the previous years, whereas the GDP growth rate in the United States plummeted well into the minus zone. Australia, like all other capitalist nations, is at the mercy of international markets, and when the world economy takes a hit, it would be foolish to suggest it could emerge fully unscathed. However, Australia has earned some much deserved praise and attention owing to the fact that it has managed to remain recession-free for the past twenty years. This could be thanks to its abundance of raw materials, the Australian mining boom, the fact the recession came at a time of high commodity prices and, maybe most importantly, that just under a third of its exports go to China.

The Gross Domestic Product (GDP) in Australia expanded 0.20 percent in the first quarter of 2025 over the previous quarter. This dataset provides - Australia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In a survey conducted in early 2020 about the effect of coronavirus on Australian businesses, 68 percent of businesses in Queensland said they believed that the virus had caused a recession. Of all businesses surveyed nationally, 56 percent agreed that the country was in recession as a result of the outbreak.

In a survey conducted in the Asia Pacific region in 2020, regarding the share of respondents who believed the COVID-19 outbreak would cause an economic recession, ** percent of the respondents in Australia stated that there would be an economic recession due to the coronavirus. In comparison, ** percent of respondents in China stated the same.

This report provides an evaluation of the impact of changing economic conditions on Job Services Australia (JSA) from 1 July 2009 to January 2010 as specified in the JSA evaluation strategy. The …Show full descriptionThis report provides an evaluation of the impact of changing economic conditions on Job Services Australia (JSA) from 1 July 2009 to January 2010 as specified in the JSA evaluation strategy. The major goal of this project is to assess the effect of the economic downturn on employment services, particularly with regard to: •job seeker numbers and characteristics •the broad patterns of assistance provided by JSA •the costs to the Government of the assistance provided and the costs borne by JSA in providing that assistance •the effectiveness of this assistance in achieving placements and outcomes. This report is provided by the Department of Jobs and Small Business (previously Department of Employment).

Australia GNP for 2023 was 1.683 trillion US dollars, a 6.59% increase from 2022.

<ul style='margin-top:20px;'>

<li>Australia GNP for 2022 was <strong>1.579 trillion US dollars</strong>, a <strong>7.53% increase</strong> from 2021.</li>
<li>Australia GNP for 2021 was <strong>1.469 trillion US dollars</strong>, a <strong>6.78% increase</strong> from 2020.</li>
<li>Australia GNP for 2020 was <strong>1.376 trillion US dollars</strong>, a <strong>1.09% decline</strong> from 2019.</li>
</ul>GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.

This dataset contains files and code associated with the article: McCarroll, R. J., Kennedy, D. M., & Ierodiaconou, D. (2025). Morphologically adaptive modelling of sea level rise induced coastal erosion impacts for south-East Australia. Marine Geology, 107602.

DOI: https://doi.org/10.1016/j.margeo.2025.107602

Email: jak.mccarroll@gmail.com

ShoreTrans code on Github: https://github.com/jakmccarroll/ShoreTrans

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TITLE: Morphologically adaptive modelling of sea level rise induced coastal erosion impact for south-east Australia

AUTHORS: Robert Jak McCarroll¹, David M. Kennedy¹, Daniel Ierodiaconou²

¹ School of Geography, Earth and Atmospheric Sciences, The University of Melbourne, Parkville, Victoria, Australia

² School of Life and Environmental Sciences, Deakin University, Warrnambool, Victoria, Australia

ABSTRACT
Sea level rise induced coastal erosion represents an impending threat to the world's coastlines. A critical control on coastal recession is the onshore accommodation space available for a receding beach to occupy. Despite the importance of morphologic controls, coastal change models applied at regional-scale over ~100-year time-frames typically address a limited range of coastal morphologies.

ShoreTrans is a shoreface translation model that kinematically projects profile change, based on inputs of sea level rise and sediment budget imbalances. This work presents updates to enable broad-scale model application (1000's km), automating classification and adapting to the morphology of individual profiles, including: (1) dunes; (2) cliffs; (3) bluffs and ridges; (4) inter-subtidal rock outcrops; (5) protection structures; (6) low-energy environments; and (7) short-term dune erosion. The model was applied to Victoria, Australia (2000 km coastline, 30 m spaced transects), for a scenario of 1 m sea level rise from 2010 to 2100, using a single time step and simplified treatment of uncertainty and sediment budget. Shoreline trends and variability were determined from satellite extracted shorelines.

Mean projected shoreline recession of 43 m is 20 % lower than for a simple parameterization (uncertainty range 58 % lower to 8 % higher), due to sediment transfer from the backshore to the active shoreface (e.g., dune encroachment) and hard backshores restricting shoreline movements (e.g., cliffs, seawalls). Low dunes exhibited the highest recession rates, due to rollover (68 m long-term recession). Total setback extent, including short-term variability, is projected to exceed 182 m in 5 % of low dune areas. High rates of beach loss were associated with beaches fronting hard cliffs (55 % beach loss) and seawalls (80 %). The worst impacts are expected for rocky, sediment poor coastlines, such as the Great Ocean Road Surf Coast, where a loss of 30 % to 50 % of beaches is projected, not accounting for infrastructure and potential management interventions.

Automated morphological adaptation represents a step-change for regional scale coastal change assessment. The method also allows for coupling of future erosion to inundation hazards, by interpolating a 3D surface of future morphology. At local-scale, ShoreTrans is suitable to add to hybrid models, providing a means to improve future coastal change projections.

Keywords: ShoreTrans, Coastal recession, Cliff recession, Coastal hazards, Shoreline modelling, Shoreface translation

Australia Outplacement Services Market size was valued at USD 197.97 Million in 2023 and is projected to reach USD 280.60 Million by 2030, growing at a CAGR of 5.5% from 2024 to 2030.

Australia Outplacement Services Market Drivers

Economic Conditions: The demand for outplacement services is directly impacted by economic factors such as unemployment rates, company closures, restructuring, and industry-specific issues. Organizations may need to reduce staff during times of economic recession or industry upheaval, which raises the need for outplacement services to help displaced workers find new jobs.

Corporate Restructuring and Mergers & Acquisitions: These events frequently lead to workforce transformations, such as layoffs, job displacement, and redundancies. They also commonly result in organizational restructuring, mergers, acquisitions, and divestitures. Businesses that are restructuring may hire outplacement companies to help affected employees with their career transitions, help with their job searches, help drafting resumes, and interview coaching.

In March 2020, 41 percent of respondents to a survey of Australians, on specific concerns relating to the novel Coronavirus, indicated that the overall economic impact of the virus was of extreme concern to them. Economic issues appeared to be the primary concern for the survey respondents, with nearly 40 percent being extremely concerned about entering into a recession. This was followed by concerns for the availability of health services.

IntroductionWith the economic recession and pandemic fatigue, milder viral variants and higher vaccine coverage along the time lay the basis for lifting anti-COVID policies to restore COVID-19 normalcy. However, when and how to adjust the anti-COVID policies remain under debate in many countries.MethodsIn this study, four countries (Singapore, South Korea, Australia, and New Zealand) and one region (Hong Kong SAR), that have shifted from the zero-COVID (ZC) policy to or close to the living-with-COVID (LWC) during or after the Omicron outbreak, were selected as research objects. All-cause mortality data were collected for these objects from 2009 to 2019. The expected mortality was estimated by a simple linear regression method. Excess mortality over time was calculated as the difference between the expected mortality and the observed mortality. Finally, percent excess mortality (PEM) was calculated as the excess mortality divided by the expected mortality.ResultsIn the examined four countries, PEM fluctuated around 0% and was lower than 10% most of the time under the ZC policy before 2022. After shifting to the LWC policy, all the examined countries increased the PEM. Briefly, countries with high population density (Singapore and South Korea) experienced an average PEM of 20–40% during the first half of 2022, and followed by a lower average PEM of 15–18% during the second half of 2022. For countries with low population density under the LWC policy, Australia experienced an average PEM of 39.85% during the first half of 2022, while New Zealand was the only country in our analysis that achieved no more than 10% in average PEM all the time. On the contrary, Hong Kong SAR under their ZC policy attained an average PEM of 71.14% during the first half of 2022, while its average PEM decreased to 9.19% in the second half of 2022 with LWC-like policy.ConclusionPEM under different policies within each country/region overtime demonstrated that the mortality burden caused by COVID-19 had been reduced overtime. Moreover, anti-COVID policies are suggested to control the excess mortality to achieve as low as 10% in PEM.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Australia (AUSGDPRQDSMEI) from Q1 1960 to Q3 2023 about Australia, real, and GDP.

This report analyses the number of new passenger vehicles and sport utility vehicles (SUVs) sold in Australia. The data for this report is sourced from the Australian Bureau of Statistics and the Federal Chamber of Automotive Industries. New vehicle sales are considered to be an important indicator of the health of the economy and economy-wide trends. During times of recession, purchases of new vehicles fall. Conversely, at times when the economy is booming, new vehicle purchases increase. The purchase of new passenger vehicles forms a significant part of consumer expenditure and is an important indicator of consumer sentiment.

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Community Banking Market Size 2025-2029

The community banking market size is forecast to increase by USD 253 billion at a CAGR of 5.8% between 2024 and 2029.

The market is experiencing significant shifts driven by the increasing adoption of microlending in developing nations and the rising preference for digital platforms. The microlending, a segment of community banking, is gaining traction in developing economies due to its ability to provide small loans to individuals and small businesses who lack access to traditional banking services. This trend is expected to continue, fueled by the growing financial inclusion efforts and increasing economic activity in these regions. Simultaneously, the community banking sector is witnessing a surge in the adoption of digital platforms.
The digital community banking services, such as mobile banking and online lending, are becoming increasingly popular due to their convenience and accessibility. This trend is particularly noticeable among younger demographics, who are more likely to use digital channels for banking. However, the market also faces challenges. One of the most significant obstacles is the lack of awareness about community banking services. Many potential customers, particularly in rural and underserved areas, are unaware of the benefits and availability of community banking services. Addressing this challenge will require targeted marketing efforts and community outreach programs.

What will be the Size of the Community Banking Market during the forecast period?

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The market continues to evolve, with advanced technology playing a pivotal role in shaping the landscape. Financial institutions, both large and small, are integrating microfinance, mobile banking, and remote deposit capture to cater to diverse customer needs. In the micropolitan areas, community banks have gained prominence, offering personalized services to rural and agricultural sectors. The economic recession led to a surge in digital adoption, with mobile banking becoming increasingly popular. However, the competition remains fierce, with big banks also investing heavily in technology to retain their customer base. The ongoing market dynamics underscore the need for continuous innovation and adaptation to stay competitive.
Community banks, with their focus on local markets and relationships, are well-positioned to leverage these trends and offer competitive rates and fees to attract and retain customers. The integration of advanced technology enables seamless transactions and enhanced customer experience, further bolstering their position in the market. The future of community banking lies in its ability to balance tradition and innovation, offering personalized services while embracing digital transformation.

How is this Community Banking Industry segmented?

The community banking industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Area

  Metropolitan
  Rural and micropolitan


Sector

  Small business
  CRE
  Agriculture


Service Type

  Retail banking
  Commercial banking
  Wealth management and financial advisory
  Others


Delivery Model

  Branch Banking
  Online Banking
  Mobile Banking


Institution Type

  Credit Unions
  Local Banks


Geography

  North America

    US
    Canada
    Mexico


  Europe

    France
    Germany
    UK


  Middle East and Africa

    UAE


  APAC

    Australia
    China
    India
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Area Insights

The metropolitan segment is estimated to witness significant growth during the forecast period.

In the dynamic world of financial services, community banks in the US continue to gain traction among consumers, particularly in rural and micropolitan areas where Big Banks may have a limited presence. While Big Banks dominate the market with their vast resources and broad reach, Community FIs cater to the unique needs of their local clientele. With the rise of advanced technology, Community banks have embraced digital banking solutions, including Internet banking, mobile banking, and remote deposit capture. Small businesses and agricultural sectors, integral to rural economies, benefit significantly from Community banks' personalized services and expertise. Despite the economic recession, these institutions have managed to maintain deposits through their strong relationships with customers.

Microlending, a niche offering, further distinguishes Community banks from their larger counterparts. Rates and fees remain crucial factors for customers, especially in a competitive market. Community banks often offer more competitive rates and lower fees compared to Big Banks, maki

On September 30, 2020, there were 17 new reported confirmed cases of COVID-19 in Australia. Australia's daily new confirmed coronavirus cases peaked on July 30 with 746 new cases on that day. This was considered to be the second wave of coronavirus infections in Australia, with the first wave peaking at the end of March at 460 cases before dropping to less than 20 cases per day throughout May and most of June.

 A second wave

Australia’s second wave of coronavirus found its epicenter in Melbourne, after over a month of recording low numbers of national daily cases. Despite being primarily focused within a single state, clusters of coronavirus cases in Victoria soon pushed the daily number of recorded cases over that of the first wave, with well over double the number of deaths. As a result, the Victorian Government once again increased lockdown measures to limit movement and social interaction. At the same time the other states and territories closed or restricted movement across borders, with some of the strictest border closures taking place in Western Australian.

 Is Australia entering into a recession?

After narrowly avoiding a recession during the global financial crisis, by September 2020 Australia had recorded two consecutive quarters of economic decline, hailing the country’s first recession since 1991. This did not necessarily come as a surprise for many Australians who had already witnessed a rising unemployment rate throughout the second quarter of 2020 alongside ongoing restrictions on retail and hospitality trading. However, thanks to welfare initiatives like JobKeeper and a government stimulus payment supplementing many household incomes, the economic situation could have been much worse at this point.

This statistic shows the gross domestic product (GDP) in Italy from 1987 to 2024 with projections up until 2030. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. In 2024, the GDP in Italy was about 2.37 trillion U.S. dollars. See global GDP for a global comparison. Italy's economy After increasing significantly year-over-year, Italy’s gross domestic product (GDP) has gone through several fluctuations since the global economic crisis in 2008. The European Union’s third largest economy has experienced downturns, primarily due to inefficiency with regards to spending and incompetent leadership. When analyzing the country’s budget balance, which is essentially the overall difference between revenues and spending, Italy has posted a negative balance, or a state deficit, every year over the past decade. However, their budget balance has improved noticeably every year since 2009. Since the country spent more than they earned, national debt continued to rise every year, most notably between 2008 and 2009, and continued to do so going into 2014. Italy’s dependency on funding from other countries will lead to further debt, unless it finds a way to decrease spending or increase revenues. Despite the country’s ongoing recession, Italy’s GDP ranked the country in the top 10 countries with the largest gross domestic product in 2014, ahead of economically developed countries such as Canada and Australia. This implies that Italy’s economical struggles are more a result of inefficient spending rather than a lack of production.

This statistic presents the gold reserves of largest gold holding countries worldwide in 2024. At that time, the central bank of the United States held approximately ******* metric tons of gold. Gold reserves — additional information The United States has the largest gold reserve, with more than ***** metric tons of gold. This was more than twice the gold reserves of Germany and more than three times the gold reserves of Italy and France. China ranked fifth for the amount of gold it has on reserve, but more gold is being mined in China than any other country in the world. Australia, on the other hand, is home to the largest gold mine reserves in addition to being the second-largest producer of gold, after China. While gold no longer serves as an object of exchange and as a confirmation value, gold remains an investment asset for governments, and it could provide a safeguard against inflation or recession. The average price of gold reached a record in 2024, amounting to ******** U.S. dollars for one troy ounce.

The Americas are Apple’s largest regional market, bringing in net sales of ***** billion U.S. dollars in the first quarter of the company’s 2025 fiscal year. Europe and Greater China are two other major markets for Apple. U.S.: Apple’s biggest market The high revenue generated from the Americas is largely due to Apple’s strong performance in their home market, the United States. Apple has the largest market share among smartphone vendors in the U.S. by a large margin. Although international sales have a growing share of Apple’s total revenue, the U.S. still counts for around ** percent of Apple’s net sales. The U.S. also has the highest concentration of Apple stores, which is Apple’s own chain of retail stores that showcase and sell Apple’s various products including the iPhone, iPad, Apple Watch, among others. iPhone: Apple’s most profitable product The iPhone, initially released in 2007, became Apple’s most successful product: The share of iPhone sales consistently amount to more than ** percent of Apple’s overall share of sales. The early generations of iPhone revolutionized the mobile phone industry and popularized the use of smartphones. Now in the **** generation, the new iPhone ** Pro and ** Pro Max continue to contribute to the success of Apple’s signature product, helping push for year-on-year iPhone sales growth despite the economic recession we are experiencing.