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Industry

Industry is a key partner in the Australian Government’s efforts to drive national economic growth, productivity and competitiveness.

Australian industries need to continually come up with new and innovative ways to improve productivity in order for businesses to remain competitive. The indicators presented in this section provide an overview of the overall competitiveness of the Australian economy.

This section of the Industry Monitor includes indicators of Australia’s (and global) macroeconomic conditions, employment, productivity, digital economy, investment conditions, international trade and investment, industry trends and business cycles.

For further analysis on these issues refer to the Australian Industry Report.

Infographic highlighting key findings from macroeconomic conditions data. Australia had 2.8% growth in 2015. Standout performers were agriculture, wholesale trade and professional services. Australia is experiencing a low unemployment rate of 5.7%. However this is masking a rise in part-time employment. For more information see the Industry Monitor 2017.