The National Income and Product Account (NIPA), is one of the four main financial statements of the economy, which outlines the gross domestic product (GDP) of a country. Typically, the NIPA is released by the statistics authority of a nation, the Australian Bureau of Statistics publishes Australia's NIPA quarterly. We will demonstrate how to read and understand the NIPA, and undertake some analysis of Australia's GDP, capital expenditures, wages, inflation, corporate profits and consumption.
Click here to read our National Accounts: GDP Analysis report