Inflation Rate in Australia is expected to increase to 2.1 percent in 07/31/2018 while in the long term it is predicted to converge to 2.4 percent. Unemployment Rate in Australia is forecast to continue at the current level of 5.40 percent in 07/31/2018. In the long run, Unemployment Rate in Australia it is projected to converge to 5.4 percent. GDP Growth Rate in Australia is estimated to fall to 0.5 percent in 07/31/2018. Australia GDP Growth Rate will reach 0.7 percent in the long term. Interest Rate in Australia is expected to remain unchanged at 1.50 percent in 07/31/2018 while in the long term it is predicted to converge to 1.5 percent.