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Phase of Business Cycles, Australia 1960 - 2009

Growth Cycles Classical Cycles
Dates of peaks and troughs by month and year
Duration in months
Dates of peaks and troughs by month and year
Duration in months
Peak
Trough
Contraction
Expansion
Cycle
Peak
Trough
Contraction
Expansion
Cycle
 
 
peak
to
trough
trough
to
peak
peak to
peak
trough to
trough
 
 
peak
to
trough
trough
to
peak
peak to
peak
trough to
trough
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
8/60
6/61
10
46
56
9/60
11/61
15
30
57
42
4/65
1/68
33
36
69
79
 
 
 
 
 
 
1/71
1/72
12
25
38
48
 
 
 
 
 
 
2/74
10/75
20
10
30
45
7/74
10/75
15
154
166
169
8/76
2/78
18
43
61
28
5/76
11/77
18
7
22
25
9/81
12/82
15
35
50
58
11/81
5/83
18
48
66
66
11/85
11/86
12
37
49
47
 
 
 
 
 
 
12/89
12/92
36
32
68
33
2/90
10/91
20
81
99
101
8/95
2/97
18
40
58
50
 
 
 
 
 
 
6/00
2/01
8
39
47
48
 
 
 
 
 
 
5/04
2/06
21
11
32
60
 
 
 
 
 
 
1/07
2/09 
25 
 
 
36 
 
 
 
 
 
 
Averages(a)
19
32
51
52
 
 
18
60
78
78
Standard deviations(a)
9
12
13
15
 
 
4
52
50
51

Notes:
(a) The average durations and standard deviations are rounded to full months.
(b) Preliminary.

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