GITNUX MARKETDATA REPORT 2024

Autralian Bureau Of Statistics: Market Report & Data

Highlights: The Most Important Autralian Bureau Of Statistics

  • In 2021, the Australian Bureau of Statistics reported that the country's population was estimated to be over 25.7 million.
  • In the September 2021 quarter, there were 48,300 residential dwelling unit commencements in Australia.
  • The retail trade turnover rose by 1.8% in January 2022 compared to December 2021.
  • As of December 2021, the jobless rate in Australia was 4.2%.
  • In 2020, approximately 80.2% of Australians aged 15 and over were living in capital cities.
  • In 2021, the Australian Bureau of Statistics reported an inflation rate of 3.8%.
  • The average weekly earnings for full-time adults in Australia was $1,737.60 in May 2021.
  • In 2018, the most common ancestries in Australia were English (36.1%), Australian (33.5%), and Irish (11.0%).
  • In the June 2020 quarter, the household savings ratio was 19.8%.
  • The value of total construction work done in Australia fell 2.2% in the December 2021 quarter.
  • In 2016, 72% of Australian households had internet access.
  • The rate of volunteering in Australia dropped from 36.2% in 2014 to 28.8% in 2020.
  • In 2020, the ABS reported that 63% of Australians aged 18 years and over were either overweight or obese.
  • The Australian Gross Domestic Product (GDP) grew by 4.2% through the year to December 2021 quarter.
  • In 2020, the total amount of waste generated in Australia was approximately 76 million tonnes.
  • As of December 2021, around 64% of Australians aged 18 years and over consumed alcohol in quantities that present a lifetime risk.
  • In 2021, the total population in the state of New South Wales was estimated at 8.2 million.
  • The median age at first marriage for men was 32.4 years in 2020, and for women, it was 30.8 years.
  • In the December quarter 2021, the Australian terms of trade rose 1.4%.
  • In 2021, Australia's largest single export destination was China, with a total value of $177 billion AUD.

Table of Contents

Welcome to our deep dive into the crux of Australia’s data central hub, the Australian Bureau of Statistics (ABS). The ABS serves as a crucial backbone in Australia’s data infrastructure, providing key insights, detailed updates, and precise measurements on important statistical data revolving around various aspects of the country. Whether it’s economic metrics, demographic studies, environmental statistics, or overall societal trends, ABS plays an instrumental role in providing unbiased facts & figures that support sound decision-making. This blog post aims to give you a thorough understanding of the Australian Bureau of Statistics and its role in carving Australia’s dynamic socio-economic landscape.

The Latest Autralian Bureau Of Statistics Unveiled

In 2021, the Australian Bureau of Statistics reported that the country’s population was estimated to be over 25.7 million.

The revelation by the Australian Bureau of Statistics that, in 2021, Australia’s population was estimated to be over 25.7 million helps to establish an insightful landscape for discussions on population demography and socio-economic dynamics. With this figure, it shades the canvas of Australia’s demographic profile, providing a holistic view of the diverse elements from population density to societal trends, economic impacts, and policy considerations. Evoking a deeper understanding of the country’s demographics, the statistic sets the stage for a nuanced exploration of Australia’s multi-faceted socio-economic tapestry. Moreover, it underpins potential trajectories and shapes strategic discourses about population growth patterns, resource allocation, as well as the planning and delivery of services across the vast continent. Thus, the statistic is a critical building block in progressively piecing together Australia’s holistic narrative—past, present, and future.

In the September 2021 quarter, there were 48,300 residential dwelling unit commencements in Australia.

Illuminating the vitality of housing activity within the Australian economy, the noteworthy revelation of 48,300 residential dwelling unit commencements in the September 2021 quarter provides a pulse-tracking insight into the nation’s functional wellbeing. As a crucial barometer of economic health and optimism, these figures encapsulate a comprehensive tale of industry fervor, shifting demographic demands, and policy effectiveness. Such potent numerical witnesses, delivered by the Australian Bureau of Statistics, render intricate socio-economic dynamics quantifiable, traversable, and understandable: a testament to the indispensable role played by the bureau in the orchestration and evaluation of national strategies. Each commencement not only represents a brick-and-mortar actuality but also stands as an emblem of growth, aspiration, and momentum in Australia’s ever-evolving landscape.

The retail trade turnover rose by 1.8% in January 2022 compared to December 2021.

A surge of 1.8% in retail trade turnover in January 2022 compared to December 2021 offers a tangible snapshot of the dynamic Australian economy, as charted by the Australian Bureau of Statistics. This spike, a key indicator of economic health, signals consumer confidence and spending ability, reflecting potential growth and stability in the retail sector. Within the broader socio-economic landscape, this statistic serves as a pulse check on public sentiment towards the current financial climate and hence plays an edifying role in the narrative of the Australian Bureau of Statistics blog post.

As of December 2021, the jobless rate in Australia was 4.2%.

Shining a light on the economic pulse of Australia, the 4.2% jobless rate as of December 2021 serves as a crucial piece of the analytical puzzle. Encapsulating the essence of the labor market, this figure delves beyond the superficial glaze of numbers, offering nuanced insights into the operational efficiency of Australia’s economy, the effectiveness of government policies as well as societal wellbeing. Hence, in the grand narrative woven by the Australian Bureau of Statistics, these unemployment figures breathe life into the often dry socio-economic data, enabling substantiated discourse on employment trends, policy effectiveness and future trajectory of the nation’s economy.

In 2020, approximately 80.2% of Australians aged 15 and over were living in capital cities.

Illuminating a substantial demographic trend, the statistic of approximately 80.2% of Australians aged 15 and above living in capital cities in 2020 is of key importance. When contextualizing the vast data troves of the Australian Bureau of Statistics, this detail can offer profound insights. It can help us comprehend urbanization trends, distribution of resources, and necessitate policies catering to metropolises’ needs. Moreover, understanding the age distribution in these populated areas invigorates discourse on potential labor force, consumer markets, and age-specific facilities. So, this figure is instrumental in explicitly shaping our understanding of Australia’s demographic landscape and its implications on a domestic scale.

In 2021, the Australian Bureau of Statistics reported an inflation rate of 3.8%.

The revelation of a 3.8% inflation rate in Australia for 2021, as reported by the Australian Bureau of Statistics, paints a critical picture of the economic climate. The significance of this figure goes beyond mere numbers, offering insight into the purchasing power of the Australian dollar and indicating the rising cost of goods and services in the country. Furthermore, it naturally triggers action steps among policymakers who will need to fine-tune monetary policy to maintain economic stability. Such a wealth of information stemming from one statistic highlights the profound role the Australian Bureau of Statistics plays in shaping both the conversation and action around Australia’s economic health.

The average weekly earnings for full-time adults in Australia was $1,737.60 in May 2021.

Peering into the fiscal universe of Australia, the notable statistic from the Australian Bureau of Statistics reveals an intriguing figure of $1,737.60, marking the average weekly earnings for full-time adults in May 2021. This value serves as an economic barometer that reflects not only the well-being of the Australian workforce, but also divulges the monetary stance of the country. Within a blog post context, this numeric benchmark offers readers a substantial grasp of income dynamics while appreciating the broader socioeconomic landscape in the land down under. Whether for assessing living standards, analyzing wage growth over time or taking the economic pulse of Australia, this figure illuminates an abundance of valuable insights.

In 2018, the most common ancestries in Australia were English (36.1%), Australian (33.5%), and Irish (11.0%).

Peeling back the curtain on Australia’s diverse cultural tapestry, the data from 2018 illustrates English, Australian and Irish as the prevailing ancestries, charting at 36.1%, 33.5% and 11.0% respectively. Within a blog post centered around the Australian Bureau Of Statistics, this fact underscores the importance of understanding the distinctive population genetics of Australia. It provides vital context to influence demographic-based policies, strategies, and decisions. From shaping social services to finessing political messaging, the predominance of these ancestries has far-reaching impacts across the socio-cultural, political and economic landscapes, thereby fueling the need for meticulous statistical research and analysis.

In the June 2020 quarter, the household savings ratio was 19.8%.

Unveiling a profound insight into Australia’s economic resilience, the statistic that in the June 2020 quarter, the household savings ratio soared to 19.8% illustrates a noteworthy behavioral shift among Australians. Amid the wave of global uncertainty driven by the pandemic, this figure underscores how households are opting to stash away nearly one-fifth of their disposable income rather than spend it, suggesting a cautious, future-focused approach. Thus, in the frame of a blog post about Australian Bureau of Statistics, this statistic serves as a vital indicator of households’ confidence in their economic future, an echo of economical strategies within the broader landscape, and a palpable reflection of both economic challenges and resilience.

The value of total construction work done in Australia fell 2.2% in the December 2021 quarter.

Shedding light on the vitality of recent economic trends, the downturn of 2.2% in the total construction work completed in Australia during the December 2021 quarter, as noted by the Australian Bureau of Statistics, paints a telling portrait of the local industry health. This substantial contraction, indicating potentially cascading effects on related professions and businesses, comprises a significant economic indicator, reflecting wider financial and labor market dynamics. As such, it is of utmost relevance for readers wanting to grasp the current pulse of Australia’s economic landscape and the pivotal role of construction therein.

In 2016, 72% of Australian households had internet access.

Gazing at the statistic that, in 2016, 72% of Australian households were equipped with internet access, it becomes immensely noteworthy while discussing a blog post about Australian Bureau of Statistics. This figure not only exhibits the extent of Australia’s technological development over the past years, but it also infiltrates the potential number of Australian citizens who can directly tap into the rich reservoir of information housed at the Australian Bureau of Statistics, essentially enabling a large population to stay astute about the national happenings and trends. Furthermore, this percentage underlines the Bureau’s vast reach, affirming the importance of its role in influencing policy-making, decision processes, and public understanding by providing access to vital statistical data. Hence, the statistic is neither idle nor inert; instead, it pulsates with implications about accessibility, influence, and the power of information.

The rate of volunteering in Australia dropped from 36.2% in 2014 to 28.8% in 2020.

Highlighting the stark decline in Australia’s volunteering rate, as reported from 36.2% in 2014 to 28.8% in 2020, underscores the drastic societal shifts occurring in the country as depicted through data collated by the Australian Bureau of Statistics. The relevance of this statistic in a blog post touches on the bureau’s critical role in identifying and documenting changes in Australian societal behaviors and trends. These figures help illuminate potential challenges for non-profit organizations and policy makers, indicating the diminishing trend of citizens’ active societal participation and illuminating areas needing strategic intervention to mobilize community engagement. The stats could serve as a springboard for discussing policy adjustments, societal variables influencing this shift, and necessary steps to reinvigorate community involvement.

In 2020, the ABS reported that 63% of Australians aged 18 years and over were either overweight or obese.

Striking a chord in the realm of health, the ABS’s 2020 revelation paints a vivid picture of Australia’s wellness landscape. The daunting 63% of adults carting around the burden of excess weight or obesity not just unravels the piling health concerns but also raises questions about lifestyle choices, socio-economic contributors and government health policies. Within a post centred on the Australian Bureau of Statistics, this statistic serves as a potent testament to the role of ABS data in triggering crucial societal discussions, laying down roadmaps for public health interventions, and grounding decisions in hard data, reinforcing our understanding of the ardent relevance of the ABS’s work in shaping Australia’s future.

The Australian Gross Domestic Product (GDP) grew by 4.2% through the year to December 2021 quarter.

Dancing to the rhythm of numbers, the Australian GDP boasting a growth of 4.2% through the year to the December 2021 quarter pirouettes on the stage of data narratives. An exemplar of the nation’s economic strength amidst global challenges, this unfurls another layer of the dynamic Australian marketplace, meticulously captured by the trustworthy and credible data source that is the Australian Bureau Of Statistics. Intertwined with multiple facets of the economy such as inflation, investment, and consumption, this key metric offers valuable insight, making the bureau’s data an essential ingredient in policy-making, fiscal decisions, and forecasting the nation’s economic trajectory.

In 2020, the total amount of waste generated in Australia was approximately 76 million tonnes.

Diving into the digits of the Australian waste conundrum, the staggering quantity of approximately 76 million tonnes of waste generated in 2020 sends alarm signals about an escalating environmental crisis down under. This data, sourced from the Australian Bureau of Statistics, forms a crucial narrative for any data-related discourse, incorporating it ideally into our blog post. Not only does it reflect the excessive consumption and disposal habits of the nation, but it also provides an avenue for policymakers, businesses, and communities to strategize and monitor progress towards sustainable waste management solutions. This statistic thus plays a cardinal role in shaping our understanding about Australia’s statistical reality and its dynamic environmental landscape.

As of December 2021, around 64% of Australians aged 18 years and over consumed alcohol in quantities that present a lifetime risk.

Highlighting the percentage of Australians who consume alcohol at risky levels, as revealed by data in December 2021, paints a potent picture of the scale and urgency of this public health challenge. When integrated into a blog post concerning the Australian Bureau of Statistics, it underscores this agency’s vital role in unmasking societal issues of national importance. This information can trigger evidence-based conversations and policy decisions, directing resources and interventions to mitigate the potentially harmful effects of alcohol consumption. It also serves as a testament to the value of collecting and examining data, giving voice to patterns that might otherwise remain hidden within the population.

In 2021, the total population in the state of New South Wales was estimated at 8.2 million.

Drawing from the vivid palette of numeric analysis, one particular figure colors the picture of the evolving Australian landscape: “In 2021, the total population of New South Wales was estimated at 8.2 million.” Emerging from the heart of the Australian Bureau of Statistics data, this population estimate paints the state of New South Wales as a bustling, vibrant province. In the broader narrative of the Australian Bureau of Statistics, it highlights the sheer demographical diversity and sprawl within the continent, setting the stage for informed planning, policy development, or demographic trend interpretation. Tucked into this simple yet significant statistic is the story of millions, essential for anyone delving into the analysis of Australia’s populace.

The median age at first marriage for men was 32.4 years in 2020, and for women, it was 30.8 years.

By threading alluring insights into a demographic tapestry, that the median age at first marriage for men in 2020 was 32.4 years and for women, it was 30.8 years, provides an enchanting panorama of changing social norms and life patterns in Australia. As documented meticulously by the Australian Bureau of Statistics, these figures demonstrate the shifting dynamics of marriages, reflecting trends such race to education, career priorities and shifting perspectives of younger generations towards marriage. These ages, on the precipice of one’s mid-thirties, bespeak the increasingly common adage – that ‘thirty is the new twenty’ – providing not only colorful commentary on societal shifts, but crucial data for government, economists, social planners and families. They function as tools of narrative, a numerical compass needle indicating where we are heading as a society.

In the December quarter 2021, the Australian terms of trade rose 1.4%.

Illustrating an upward trend in the Australian economic panorama, the rise in the December quarter 2021 terms of trade by 1.4% sheds light on the nation’s burgeoning price power in the global arena. This key metric from the Australian Bureau of Statistics encapsulates the robustness of the country’s trade situation, signifying that the value of our exports is growing faster than the import costs. This positive update not only heralds healthy trade balances but also paves the way for a potentially stronger economy overall, impacting both industry-level decisions and national policy-making.

In 2021, Australia’s largest single export destination was China, with a total value of $177 billion AUD.

Unraveling the magnitude of Australia’s economic ties with China, the statistic presents substantial implications in the Australian Bureau of Statistics’ evaluation of the country’s prevailing export health. A staggering $177 billion AUD of export value to China signifies both rewarding connections and potential vulnerabilities for Australia’s economy. As a cornerstone of the nation’s export infrastructure, these figures not only occupy a central place in economic projections but also guide policy-making and risk-management strategies. In essence, it showcases the vast span of China’s role as Australia’s trading partner, emphasizing its cardinal significance in shaping the landscape of Australia’s foreign commerce.

Conclusion

The Australian Bureau of Statistics serves as a crucial resource for policy makers, businesses, and individuals alike. It provides a wealth of information which is vital for informed decision-making across various levels. Its comprehensive data on various demographic, economic, and social indicators can be harnessed to understand the ongoing changes within the Australian society. The ability to provide such valuable insights positions the Australian Bureau of Statistics as a key tool for not just understanding our present, but also for anticipatory planning for the future.

References

0. – https://www.www.abs.gov.au

FAQs

What is the main function of the Australian Bureau of Statistics?

The Australian Bureau of Statistics (ABS) provides official statistics on a wide range of economic, social, population and environmental matters of importance to Australia. They collect and interpret data for the Australian Government, state and territory governments, business and the community.

How often does the Australian Bureau of Statistics conduct the National Census?

The Australian Bureau of Statistics conducts the National Census every five years. The most recent Census took place in 2021.

What kind of statistical information can be obtained from the Australian Bureau of Statistics?

The Australian Bureau of Statistics provides data on a broad range of topics including economy, environment, health, migration, demographics, employment, education, and many more subjects of interest to researchers and the general public.

How reliable is the data provided by the Australian Bureau of Statistics?

The ABS prides itself on providing high-quality, objective and responsive statistics. The Bureau uses internationally accepted statistical methodologies and standards, and its processes are independently reviewed and audited for accuracy and credibility.

Can individuals or businesses access the data collected by the Australian Bureau of Statistics?

Yes, most of the statistics collected and interpreted by the ABS are made publicly available on the Bureau's website. However, all data is de-identified to ensure privacy of respondents. Some data, due to its nature, might only be accessible under certain conditions or for certain user groups.

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

Table of Contents