Comprehensive Analysis of Australian Economic Indicators and Growth

This report provides an economic interpretation of Australia's Real GDP growth, focusing on the period from 1990 to 2015. It analyzes the relationship between Real GDP growth and five key economic indicators: interest rates, unemployment rates, inflation rates, exchange rates, and net exports. The report also examines the correlation between unemployment and inflation, offering economic explanations for observed trends. Furthermore, it evaluates Australia's monetary policy during the specified period, identifying which decade exhibited tighter monetary control. The analysis includes descriptive statistics and graphical representations to support the findings. Finally, the report provides a macroeconomic outlook for the Australian economy over the next two years and concludes with a summarized overview of the key insights.