Economic News

Australia's economy is sending two contradictory signals at once, and the Reserve Bank of Australia (RBA) has to assess both before its next board meeting on 29 September. On one side sit persistent inflation pressures, resilient household spending and higher global energy costs — …

Australia’s housing market is facing a significant test as higher interest rates and changing borrowing conditions weigh on property demand.

Australia’s auction market has shown signs of weakening as buyer confidence softens amid ongoing uncertainty around interest rates and borrowing costs.

Australian households continue to face pressure from essential expenses, with housing, food and fuel costs remaining key contributors to inflation.

Australia’s labour market has shown signs of moderation, with Australian Bureau of Statistics (ABS) data for July 2026 indicating a rise in unemployment and a decline in employment.

New National Accounts data from the Australian Bureau of Statistics (ABS) showed the Australian economy grew 0.4% in the June quarter of 2026, taking annual growth to 2.1%.

Australia’s economy expanded by 0.4% in the June quarter of 2026, according to the latest National Accounts data from the Australian Bureau of Statistics (ABS), taking annual growth to 2.1%.