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The Economics at Austrade team are responsible for analysing the major trends and events in the Australian and international economies that help shape Austrade’s operating environment.

Bridging the regional tourism divide

22 Oct 2019 Australian EconomyTourists Nathan Davis

Warm beaches, crystal waters and world-class surf – Australia’s coasts have it all. It should come as no surprise, then, that our coastal regions are among the most visited in regional Australia.

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Global growth to slow in 2019 and rebound in 2020

21 Oct 2019 World Economy Edmund Tang

The International Monetary Fund’s (IMF’s) World Economic Outlook (WEO) October 2019 is now projecting that the global economy will likely grow at 3.0% in 2019, down 0.3 percentage points (pp) from its ...

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Australia’s long-distance growth record outpaces OECD partners

5 Sep 2019 OECD Edmund Tang

Australia's economy grew by 0.5% in the fourth quarter (Q4), lifting Australia's annual economic growth rate to 1.9% in FY2018/19 according to the latest National Accounts figures released by the Aust ...

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China takes top spot in Australia’s tourist rankings

28 Aug 2019 Australian EconomyTourists Edmund Tang

Tourism is now Australia’s largest services export. According to data released by Tourism Research Australia in May 2019, tourism contributed A$37.4 billion to the Australian economy in 2017–18.

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International students crave more than education

26 Aug 2019 Australian Economy

As international students flock to Australia, they seek more than just the world-class education – they are also avid travellers.

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Tourists think cash is flash, but plastic’s fantastic

12 Aug 2019 Australian Economy

According to the World Payments Report 2018, non-cash transaction volumes grew by 10.1 per cent in 2016.

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Global growth to slow in 2019 and 2020

29 Jul 2019 Australian Economy Edmund Tang

The International Monetary Fund (IMF) has trimmed its projected rates for world growth to 3.2% in 2019 and 3.5% in 2020.

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Australia shines as Asia-Pacific’s low-risk economy

24 Jul 2019 Australian Economy Edmund Tang

The Australian economy faces fewer risks than almost all other major advanced economies, according to Oxford Economics.

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International tourism: why growth is good but yield is gold

19 Jul 2019 Australian EconomyTourists

For a long time tourism operators have been buoyed by the industry’s impressive economic performance. At face value, results from Tourism Research Australia’s latest International Visitor Survey bring ...

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