US GDP to

Australian China GDP

Australian China June 2010 US GDP
Australian GDP 2009 China 2009 US GDP World
Name Org GDP to GDP to (December to June
GDP 2009 (December GDP 2009 (December 2009 GDP 2009
June 2010 June 2010 '08 2010
'08 forecast) '08 forecast)
forecast)
Siwei Goo ACCI 0.1 1.5 -0.5 7 8 7.5 -3 -0.8 0.5 -1.2
Heather Ridout AIG -0.4 0.5 0.9 7 7 8.5 -3 -1 1 -1.5
Shane Oliver AMP Capital -1 0.5 0.7 7.5 6 8.5 -2.5 -1.2 1.9 -2
Saul Eslake ANZ Bank 0 0.5 0 7 7.5 8.2 -2.5 -0.8 -1.2 -0.8
Brad Crofts AWU 0.5 1.5 0.5 7.5 8 8 -2.5 -0.8 -1 -2
Richard RobinsonBIS Shrapnel 0 1.4 0.5 7.5 7.6 n/a -2.5 -0.6 n/a -1.9
Chris Caton BT Financial 0 1.1 1.8 7.5 6.5 8 -2.8 -1.5 2.5 -2.5
Business Council of Australia n/a n/a n/a n/a n/a n/a n/a n/a n/a
Michael Blythe Commonwealth Bank 0.4 1.5 1.2 7.8 7 8.2 -3 -1.5 -1 -1.5
Damien Boey Credit Suisse 0 3.5 n/a n/a n/a n/a n/a
Dun & Bradstreet -0.9 0.5 -0.1 6.5 6.2 5.75 -3 -0.8 -1.8 -2.9
David Colosimo Goldman Sachs JBWere 0.3 n/a 2.2 8.3 n/a 11.1 -2.9 n/a 1.2 -1.3
Tony Cripps HSBC Australia 0.2 n/a -0.3 7.8 n/a 8.7 -1.9 1.7 -1.9
Richard Gibbs Macquarie Group 0.5 1.6 1.2 9.7 7.5 8.5 -2.2 -0.8 0.2 -1.1
Peter Jones Master Builders 0.5 1 1.5 7 7 8 -3.5 -3 -1 -1
Jakob Madsen Monash University, Economics -0.7 0.5 -1.5 5.5 5 4.5 -3.5 -2.5 -4 -2.9
Annette Beacher TD Securities -1 n/a flat 6.7 n/a 7.5 -2.8 flat -1.9
Geoffrey Sims Telstra 0.4 0.4 1.9 6.7 7 7.5 -1.5 -1.2 1.7 -1.5
Neville Norman University of Melbourne 1.2 2.2 2.5 8.8 7.5 9.6 0.8 1.1 1.8 1.4
John Quiggan University of Queensland 0.5 -2 1 8 5 8 -3 -4 -3 1
Steve Keen University of Western Sydney -3 -2 -6 n/a 3 n/a -6 -5 -4 -5
Bill Evans Westpac -0.6 2.2 0.2 7.2 8.3 8 -3.1 -1.8 1.4 -1.5

Average -0.1 0.8 0.6 7.4 6.7 8.0 -2.7 -1.5 -0.2 -1.6
 Unemployment Budget in
World GDP
World Unemployment rate at Unemployment 09/10 RBA Cash
2009 CPI change
Name Org GDP to rate at December 09 rate at June Surplus or rate at
(December in 2009
June 2010 December 09 (Dec '08 2010 deficit? Dec 2009
'08 forecast)
forecast) (billion)
Siwei Goo ACCI 2.2 1.5 1.8% 7.0% 5.30% 9.0% -$58.5 2.75%
Heather Ridout AIG 2 2 2.0% 6.8% 6.00% 7.8% -$55.0 2.50%
Shane Oliver AMP Capital 0 0.7 1.9% 7.0% 7.00% 8.0% -$60.0 2.25%
Saul Eslake ANZ Bank 1.8 1.2 1.8% 7.2% 6.00% 8.0% -$30.0 2.50%
Brad Crofts AWU 2.5 -1 2.0% 6.5% 7.50% 8.0% -$59.0 3.00%
Richard RobinsonBIS Shrapnel 2.3 n/a 2.4% 7.3% 6.10% 7.9% n/a 2.50%
Chris Caton BT Financial 3.5 2.5 1.8% 6.7% 6.00% 7.5% -$58.0 2.75%
Business Council of Australia n/a n/a n/a n/a n/a n/a n/a n/a
Michael Blythe Commonwealth Bank 2 1.2 1.8% 7.0% 5.80% 7.0% -$50.0 2.75%
Damien Boey Credit Suisse n/a 2.0% 8.0% 8.0% n/a 3.25%
Dun & Bradstreet 1 3.0% 6.5% 5.50% 7.3% n/a n/a
David Colosimo Goldman Sachs JBWere n/a 3.5 2.4% 7.5% n/a 7.6% -$54.0 3.00%
Tony Cripps HSBC Australia n/a n/a 2.0% 7.0% 6.00% 6.5% -$57.5 3.00%
Richard Gibbs Macquarie Group 1.6 1.6 1.4% 7.5% 6.00% 8.0% -$57.6 2.50%
Peter Jones Master Builders 1 1 2.0% 7.0% 6.00% 7.5% -$55.0 2.75%
Jakob Madsen Monash University, Economics 2 -3 2.2% 6.8% 6.50% 7.5% -$30.0 3.00%
Annette Beacher TD Securities n/a 0.4 1.3% 7.7% n/a 8.0% -$60.0 2.25%
Geoffrey Sims Telstra 2.2 2 2.0% 7.3% 6.90% 7.9% -$62.0 2.75%
Neville Norman University of Melbourne 2.5 2.6 2.8% 6.9% 5.90% 7.1% -$18.0 3.75%
John Quiggan University of Queensland -2 2 2.0% 7.0% 7.50% 7.5% -$50.0 2.50%
Steve Keen University of Western Sydney -3 -4 0.5% 8.0% 9.00% 12.0% -$50.0 2.00%
Bill Evans Westpac 1.3 n/a 1.8% 7.5% 5.70% 7.9% -$58.0 2.50%

Average 1.3 0.9 0.0 -51.3

 10-yr
Gov't
RBA Cash Size and USD/AUD YEN/AUD EUR/AUD
RBA Cash bond yield USD/AUD YEN/AUD EUR/AUD
Name Org rate at direction of at June at June at June
rate at Dec at at Dec 09 at Dec 09 at Dec 09
June 2010 next move 2010 2010 2010
2009 (Dec 08 December
forecast) 2009
Siwei Goo ACCI 3.00% 3.00% -0.25 5.80% 78 80 73.45 76.32 58.66 52
Heather Ridout AIG 3.25% 2.75% -0.25 5.50% 79 80 78 82 60 62
Shane Oliver AMP Capital 2.50% 3.50% -0.25 5.00% 80 82 80 85 58 60
Saul Eslake ANZ Bank 3.50% 2.50% -0.25 5.25% 74 75 75 80 59 61
Brad Crofts AWU 3.00% 3.00% no move 5.50% 78 75 80 75 55 50
Richard Robinson BIS Shrapnel 3.50% 2.50% -0.25 5.70% 74 74 n/a n/a n/a n/a
Chris Caton BT Financial 4.00% 2.50% -0.25 5.60% 80 n/a 78 n/a 58 n/a
Business Council of Australia n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a
Michael Blythe Commonwealth Bank 3.25% 2.75% -0.25 5.20% 84 89 88 102 59 61
Damien Boey Credit Suisse n/a 3.75% no move 5.50% 80 85 n/a n/a n/a n/a
Dun & Bradstreet 3.25% n/a n/a n/a n/a n/a n/a n/a n/a n/a
David Colosimo Goldman Sachs JBWere n/a 4.00% n/a 5.50% 77 77 77 77 55 55
Tony Cripps HSBC Australia 3.50% 3.00% -0.25 5.10% 75 80 70 75 53 53
Richard Gibbs Macquarie Group 2.50% 2.50% -0.25 5.00% 80 77 79.2 77 59 57
Peter Jones Master Builders 3.00% 3.00% -0.25 5.50% 70 75
Jakob Madsen Monash University, Economics 4.00% 3.00% no move 6.70% 75 75 70 70 50 50
Annette Beacher TD Securities n/a 2.00% -0.25 4.95% 76 78 69.9 74.1 51 53
Geoffrey Sims Telstra 3.75% 2.75% -0.25 5.40% 81 84 n/a n/a 58 59.5
Neville Norman University of Melbourne 5.00% 5.50% -0.25 7.20% 84 81 82 80 58.5 57
John Quiggan University of Queensland 1.00% 2.50% -0.25 6.00% 90 90 80 80 50 50
Steve Keen University of Western Sydney 0.25% 0.50% -0.25 5.00% n/a n/a n/a n/a n/a n/a
Bill Evans Westpac 2.75% 2.50% -0.25 4.75% 74 80 68 79 54 56

Average 78.4 79.8 76.6 79.5 56.0 55.8

 S&P/ASX Dow
S&P/ASX 200 at S&P/ASX Dow Jones at Dow FTSE 100 FTSE 100 Nikkei 225
Nikkei 225
Name Org 200 at Dec 2009 200 at Jones at Dec 2009 Jones at at Dec at June at June
at Dec 09
Dec 2009 (Dec 08 June 2010 Dec 2009 (Dec 08 June 2010 2009 2010 2010
forecast) forecast)
Siwei Goo ACCI 4200 4300 4400 8950 8900 9100 n/a n/a 9590 10400
Heather Ridout AIG n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a
Shane Oliver AMP Capital 4500 4500 4750 9600 10000 10080 4800 5040 11000 11550
Saul Eslake ANZ Bank n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a
Brad Crofts AWU 4000 4500 4500 8900 8500 9500 4400 4400 11000 11500
Richard RobinsonBIS Shrapnel n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a
Chris Caton BT Financial 4200 4750 4500 9900 11500 10600 4600 5000 10500 11250
Business Council of Australia n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a
Michael Blythe Commonwealth Bank 4250 4700 4650 9200 9200 9500 n/a n/a n/a n/a
Damien Boey Credit Suisse 4500 n/a 5500 n/a n/a n/a n/a n/a n/a n/a
Dun & Bradstreet n/a 4000 9500 n/a n/a n/a n/a n/a
David Colosimo Goldman Sachs JBWere 4370 n/a 4560 n/a n/a n/a n/a n/a n/a n/a
Tony Cripps HSBC Australia 3900 3800 4500 8600 9000 9400 4200 4700 9800 10500
Richard Gibbs Macquarie Group 4190 4431 4380 n/a n/a n/a n/a n/a n/a n/a
Peter Jones Master Builders 4000 n/a 4500 n/a n/a n/a n/a n/a n/a n/a
Jakob Madsen Monash University, Economics 3200 3200 3000 6500 8000 6500 4000 4000 8000 8000
Annette Beacher TD Securities 3800 n/a 4500 9000 n/a 10800 4600 5520 9900 11880
Geoffrey Sims Telstra 4100 n/a 4350 n/a n/a n/a n/a n/a n/a n/a
Neville Norman University of Melbourne 4650 4500 5200 9300 8800 10250 4500 4900 11000 11500
John Quiggan University of Queensland 4100 3000 4200 8500 8800 8500 4000 4000 11000 11000
Steve Keen University of Western Sydney 3000 2500 2500 7000 6000 6000 4000 3000 8000 8000
Bill Evans Westpac 3850 4150 4200 n/a n/a n/a n/a n/a n/a n/a

Average 4047.6 4025.5 4364.1 8677.3 8927.3 9111.8 4344.4 4506.7 9979.0 10558.0
 Net
Current
Net foreign Net Current
Terms of Terms of account
foreign debt at foreign account
Name Org trade at trade at balance at
debt at Dec 09 debt at balance at
Dec 09 June 2010 Dec 09
Dec 09 (Dec '08 June 2010 June 2010
(billion)
forecast)
Siwei Goo ACCI -12.0% 1.5% $690 $756 $729 -$51.8 -$72.6
Heather Ridout AIG -10.0% -15.0% $694 $720 $710 -$20.0 -$10.0
Shane Oliver AMP Capital -18.0% -5.0% $710 $720 $735 -$55.0 -$50.0
Saul Eslake ANZ Bank -2.2% 0.8% n/a $675 n/a -$41.0 -$57.0
Brad Crofts AWU -12.0% -4.0% $710 $706 $735 -$35.0 -$60.0
Richard RobinsonBIS Shrapnel -18.9% -6.6% n/a n/a $764 -$52.0 -$59.3
Chris Caton BT Financial -16.0% -4.0% n/a n/a n/a -$42.0 -$55.0
Business Council of Australia n/a n/a n/a n/a n/a n/a n/a
Michael Blythe Commonwealth Bank -8.8% 6.0% $692 $685 $708 -$41.3 -$54.6
Damien Boey Credit Suisse n/a n/a n/a n/a n/a n/a n/a
Dun & Bradstreet n/a n/a n/a n/a n/a n/a n/a
David Colosimo Goldman Sachs JBWere -25.00% -5.00% $717 n/a $748 -$53.2 -$68.4
Tony Cripps HSBC Australia -15.0% -15.0% $695 $706 $715 -$42.0 -$44.0
Richard Gibbs Macquarie Group -10.0% -13.3% n/a n/a n/a -$17.2 -$17.0
Peter Jones Master Builders -10.0% -1.0% $750 n/a $755 -$40.0 -$45.0
Jakob Madsen Monash University, Economics -15.0% -15.0% $710 $700 $760 -$60.0 -$65.0
Annette Beacher TD Securities -4.0% -0.5% $680 n/a $682 -$37.0 -$56.0
Geoffrey Sims Telstra -20.3% -0.9% n/a n/a n/a -$46.3 -$51.6
Neville Norman University of Melbourne -2.5% 3.5% $705 $710 $725 -$34.0 -$40.0
John Quiggan University of Queensland -20.0% -20.0% n/a n/a n/a n/a n/a
Steve Keen University of Western Sydney -10.0% -20.0% $650 $750 $675 -$40.0 -$30.0
Bill Evans Westpac -21.6% -10.2% $695 $693 $712 -$46.0 -$66.0

Average $699.8 $711.0 $725.2 -$41.9 -$50.1