ÿþ<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html401/loose.dtd"> <html> <head> <meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1"> <title>2008&#8211;09 Commonwealth Budget - Overview</title> <link rel="stylesheet" type="text/css" media="all" href="../../../_stylesheet/content.css"> <link rel="stylesheet" type="text/css" media="all" href="../../../_stylesheet/layout.css"> <link rel="stylesheet" type="text/css" media="all" href="../../../_stylesheet/overview.css"> </head> <body> <div id="body_container"> <div id="overview_inner"> <div id="overview_masthead"> <h4>Appendix H</h4> <h1 class="appendixHeading">Detailed economic forecasts<br />for 2008&#8209;09</h1> <p class="description"> The table below shows the Government's macroeconomic forecasts. The Australian economy is expected to grow by 2&#190; per cent in 2008&#8209;09. More comprehensive information is provided in Budget Paper No. 1, <span class="italicText">Budget Strategy and Outlook 2008&#8209;09</span>, Statement 2. </p> </div> <div id="overview_body_inner"> <div id="overview_content"> <p class="page-nav"> <a href="overview_40.htm"><img src="../../../_image/page_previous.gif" alt="&lt; previous page" /></a> <a href="index.htm"><img src="../../../_image/page_toc.gif" alt="contents and downloads" /></a> <a href="overview_42.htm"><img src="../../../_image/page_next.gif" alt="next page &gt;" /></a> </p> <div class="graph_table"> <div> <div class="graph_img"> <img src="../image/BO41_01.gif" alt="Table: Detailed economic forecasts for 2008-09" /> </div> <div class="graph_footnotes"> <ul class="noBullet"> <li> <span class="alpha_bullet">(a)</span> <span class="footnote_text">Calculated using original data.</span> </li> <li> <span class="alpha_bullet">(b)</span> <span class="footnote_text">Chain volume measures, except for nominal gross domestic product which is in current prices.</span> </li> <li> <span class="alpha_bullet">(c)</span> <span class="footnote_text">Excluding second&#8209;hand asset sales from the public sector to the private sector and including the impact of the privatisation of Telstra.</span> </li> <li> <span class="alpha_bullet">(d)</span> <span class="footnote_text">Percentage point contribution to growth in GDP</span> </li> <li> <span class="alpha_bullet">(e)</span> <span class="footnote_text">The estimate in the final column is the forecast rate in the June quarter 2009.</span> </li> <li> <span class="alpha_bullet">(f)</span> <span class="footnote_text">Through the year growth rate to the June quarter for 2006&#8209;07 and 2007&#8209;08.</span> </li> </ul> <br /><br /> <ul class="noBullet"> <li>Source: Australian Bureau of Statistics and Treasury.</li> </ul> </div> </div> </div> <p class="page-nav bottom_page"> <a href="overview_40.htm"><img src="../../../_image/page_previous.gif" alt="&lt; previous page" /></a> <a href="index.htm"><img src="../../../_image/page_toc.gif" alt="contents and downloads" /></a> <a href="overview_42.htm"><img src="../../../_image/page_next.gif" alt="next page &gt;" /></a> </p> </div> <div id="overview_footer"> <p id="footer_text"> <span id="footer_pageNum">41</span> <span id="footer_docTitle">2008-09 Budget <span class="orangeText">Overview</span></span> </p> </div> </div> </div> </div> </body> </html>