Australian Economy for 2022-2023 financial year Australian Economy for 2022-2023 financial year The Australian economy grew 3.0% in chain volume terms in 2022-23 Labour productivity fell 3.7% The household saving ratio decreased to 4.3% from 12.6% National net worth rose $1.3 trillion to $19.0 trillion
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Number of businesses in Queensland In 2022-23 there was an 11,031 increase, the largest net increase in any state/territory Source: Australian Bureau of Statistics https://www.abs.gov.au/statistics/
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Actively trading businesses in 2022-2023 there were 2,589,873 in the Australian economy In 2022-23 there was a: 0.8% or 19,973 increase in the number of businesses 15.8% entry rate, with 406,365 entries 15% exit rate, with 386,392 exits Source: Australian Bureau of Statistics https://www.abs.gov.au/statistics/
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