1. Welcome to the May 2006 Economic Briefing by The South Australian Centre for Economic Studies of Adelaide and Flinders Universities

2. SA Centre For Economic Studies Adelaide and Flinders Universities Real GDP (%) Consumer Prices (%) 2006200720062007 Britain 2.4(2.3)2.5(2.4)2.01.9 Japan 3.02.40.40.6 United States 3.4 (3.3)2.83.1(3.0)2.4(2.3) Euro Area 2.11.72.02.0 Australia 3.2(3.1)3.42.9(2.8)2.7 The Economist Poll - GDP Growth & Inflation Forecasts

3. SA Centre For Economic Studies Adelaide and Flinders Universities Official Interest Rates RBA data

4. SA Centre For Economic Studies Adelaide and Flinders Universities Westpac-Melbourne Institute Index of Consumer Sentiment

5. SA Centre For Economic Studies Adelaide and Flinders Universities Index of Commodity Prices - Australia RBA data

6. SA Centre For Economic Studies Adelaide and Flinders Universities Terms of Trade Index - Australia ABS data

7. SA Centre For Economic Studies Adelaide and Flinders Universities Business Profits - Australia ABS data

8. SA Centre For Economic Studies Adelaide and Flinders Universities Private Business Investment & H’hold Spending - Australia ABS data

9. SA Centre For Economic Studies Adelaide and Flinders Universities Growth in GDP - Australia ABS data

10. SA Centre For Economic Studies Adelaide and Flinders Universities Wage Price Index - Australia ABS data

11. SA Centre For Economic Studies Adelaide and Flinders Universities Balance of Payments as % GDP - Australia ABS Data

12. SA Centre For Economic Studies Adelaide and Flinders Universities Merchandise Imports as % Domestic Sales - Australia ABS data

13. SA Centre For Economic Studies Adelaide and Flinders Universities Construction Activity – South Australia ABS data

14. SA Centre For Economic Studies Adelaide and Flinders Universities Value of Building Approvals – South Australia ABS data

15. SA Centre For Economic Studies Adelaide and Flinders Universities Engineering Construction Work – South Australia ABS data

16. SA Centre For Economic Studies Adelaide and Flinders Universities Terms of Trade Index – South Australia and Australia ABS data

17. SA Centre For Economic Studies Adelaide and Flinders Universities 2006-07 Income Tax Scale Option A Option B 0-6,0000%0-6,000 6,001-25,00015%6,001-125,000 25,001-75,00030%125,001-175,000 75,001-150,00040%175,001-250,000 150,001 +45%250,000 +

18. SA Centre For Economic Studies Adelaide and Flinders Universities Share of Total Hours Worked by Qualification

19. The South Australian Centre for Economic Studies May 2006 Economic Briefing Overview Presenter: Associate Professor Owen Covick