The Economic Outlook and Challenges for the Australian Economy Address to the American Chamber of Commerce Friday 19 February 2010 David Gruen Executive Director, Macroeconomic Group, The Treasury

Australian unemployment rate Source: ABS Catalogue Number

Confidence Consumer Sentiment Source: Westpac-Melbourne Institute, National Australia Bank and OECD. Business Confidence

Unemployment Source: ABS Catalogue Number , Bureau of Labor Statistics and Thomson Reuters Jan-81Nov-85Sep-90Jul-95May-00Mar-05Jan Per cent US Australia

Historical and projected participation rates Source: ABS Catalogue Number and Treasury projections.

Participation rate (Aged 55-64) Source: OECD. Male Female

Current account balance Source: ABS Catalogue Numbers and

Business investment Note: * Excludes livestock and orchards and second-hand asset transfers between the private and other sectors. Source: ABS Catalogue Numbers , and Treasury.

Business investment Note: * Excludes livestock and orchards and second-hand asset transfers between the private and other sectors. Source: ABS Catalogue Numbers and and Treasury.

The Economic Outlook and Challenges for the Australian Economy Address to the American Chamber of Commerce Friday 19 February 2010 David Gruen Executive Director, Macroeconomic Group, The Treasury