2018 Economic Indicators Forecasting Competition

Competition Opens 9.00am 12th March and Closes 9.00am 16th April

Can you predict the future?

Economics Editor of 'The West Australian' pits his wits against secondary students in a competition to predict the future of Australia's economy. Murdoch University School of Business and Governance and the Economics Teachers Association of WA (ETAWA) are proud to present the "2018 Economic Indicators Forecasting Competition" for Year 10-12 students.

What do you and your friends need to predict?

  • Economic Growth Rates of Australia & China
  • Bitcoin
  • Australian Dollar to US Dollar
  • Australian CPI
  • Australian Unemployment Rates
  • All Ordinaries Index
  • And more!

The 15 Economic indicators are listed in the entry form.

What will you win?*

  • Category one (Year 10) - First prize: $1000, Second Prize: $500
  • Category two (Year 11 and 12) - First prize: $1000, Second Prize: $500

*If there are multiple prize winners for each prize and in each category, the prize money will be divided equally amongst the prize winning entries. If a group entrant wins a prize the prize money will also be divided equally amongst group members.

Who can participate?

Students in Year 10 or Year 11/12 currently enrolled in a Western Australian registered school and currently residing in Western Australia. Students can participate individually or in groups of up to 4 members. Only one entry is permitted per individual or group.

What do you need to do to enter the competition?

  • Open and download the Entry Form, complete electronically then submit by clicking the red button below.





  • Entrants/Students under 18 years of age must have their parent’s or legal guardian’s consent to enter the Competition. Click here to open the Consent Form. This completed and signed consent form needs to be submitted as a hard copy to the entrant's class teacher.
  • Read the Competition Terms & Conditions (available in the last page of the Entry Form) to ensure all details requested on the Entry Form are completed accurately. You can also find some key entry information at the bottom of this page.

For more information, please contact


Competition entries will be accepted from 9am Monday 12th March to 9am Monday 16th April (inclusive).
One online entry per student.
• Students may enter individually or as a group (maximum group size is 4).
• Each entrant/student under 18 years of age must provide a signed consent form to their class teacher or upload the consent form with the entry form to the site.
• All details requested on the online entry form must be completed accurately prior to entry submission.
• To qualify for a prize, entrants must complete all 15 predictions/forecasts: one prediction per indicator.
All predictions apart from Reserve Bank of Australia (RBA) cash interest rate should be to one decimal place only. The RBA cash rate should be to two decimal places.
• Entrants can use the data sources where indicated on the entry form as a basis for their economic indicator forecast. Data sources indicated on the entry form will be the sources that the judges will use in assessing the entries.
• Where daily prices of economic indicators are required these will be based on the price as of close of trade or as indicated in the entry form.
• When judging entries, ABS figures for relevant economic indicators will be based on initial media announcements and not on ABS retrospective data revisions.
• Economic Indicators are for the National (Australian) economy not the West Australian economy.
• Prizes Category One - Year 10 First Prize $1000 Second Prize $500
Category Two -Year 11 and 12 First Prize $1000 Second Prize $500