Australia: Economic growth competiveness index

The Growth Competitiveness Index (GCI), aims to quantify the quality of the macroeconomic environment, the state of a countrys public institutions, and its level of technological readiness.

Higher competitiveness scores are more desirable:

• Very High 5.51 to 7
• High 4.51 to 5.50
• Moderate 3.51 to 4.50
• Low - 3.01 to 3.50
• Very Low 0 to 3.00

Source: World Economic Forum

Australia has excellent house price statistics. Quarterly house price indices are available from the Australian Bureau of Statistics. Median house prices are published in the media releases of the Real Estate Institute of Australia. The Reserve Bank of Australia is the best source of analysis and developments in the housing market, as well as of general economics statistics. Economic reports are available from ANZ Bank and AMP Banking.