"Unquestionably, there is progress. The average American now pays out twice as much in taxes as he formerly got in wages." - Henry Louis Mencken (1880-1956)
What will happen to Australian house prices in 2012?
Goal Statistics: CAD/GDP Ratio
Most economists now believe that the cyclical trend of the CAD is a natural occurrence for the Australian economy, and as a result there is no longer a stated goal for this ratio. Neither the RBA nor the Australian Bureau of Statistics publish the CAD/GDP ratio, and as a result these figures have been calculated by combining the statistics for the CAD and the rate of economic growth, both of which can be found on the Reserve Bank of Australia's website.