In fact, virtually all significant economic indicators except gross domestic product (GDP) growth show Australia’s economy is among the world’s best-performed.

  • record employment growth;
  • record employment to population ratio at 64.6%;
  • record job participation at 67.3%;
  • inflation in the lower half of the RBA’s optimum band;
  • wages growth above inflation for five straight quarters;
  • median wealth per adult as the second highest in the world;
  • ASX200 above 8,000 since last September;
  • poverty and homelessness reducing, according to the Productivity Commission;
  • emergency calls to the National Debt Helpline declining,
  • record high new car sales in 2024;
  • record sales of new private aircraft;
  • overseas trips in 2024 at a new record high of 11.6 million;
  • enrolments in fee-paying private schools at an all-time high;
  • record manufacturing gross profits last financial year (2023-24) at $47.4 billion;
  • record construction profits last year, at $31.1 billion;
  • record profits in several other sectors;
  • household spending at a record high.