Latest Updates
A snapshot of the latest in economic indicators from our Economic Services team.- 15 May 2025 Labour Force April 2025Employment saw a strong 89.0k increase in April, significantly more than the 22.5k expected by market participants. The seasonally adjusted unemployment rate was unchanged at 4.1%, in line with expectations. We continue to expect the RBA to cut the cash rate by 25bps next week, despite today’s strong employment numbers and the upside surprise to wages growth yesterday.
- 14 May 2025 Wages - Q1 2025The wage price index, measuring total hourly rates of pay excluding bonuses, rose a seasonally adjusted 0.9% in Q1 2025 (mkt exp 0.8%), the fastest quarterly rise since Q4 2023.
- 06 May 2025 Building Approvals March 2025Dwelling approvals dropped a seasonally adjusted 8.8% in March. The drop in dwelling approvals was broad-based. Monthly trend growth, which looks through the monthly volatility, remained negative, with the pace of the decline accelerating from the previous month.
All Economic Indicators
Select your preferred publication to find out more.- Balance of PaymentsRead more
Measuring economic transactions between Australia and the rest of the world.
- Building ApprovalsRead more
A breakdown of building work approved within Australia over the last month.
- CPI InflationRead more
The most recent data on consumer price inflation across Australia.
- EmploymentRead more
A snapshot of employment and participation within the Australian labour force.
- GDPRead more
Measures the total market value of all goods and services produced in Australia.
- Housing FinanceRead more
Newly approved loan commitments for borrowers for housing purposes.
- Retail TradeRead more
Domestic developments in retail trade across industry groups and states.
- Trade BalanceRead more
A summary of developments in Australian foreign trade over the most recent month.
- WagesRead more
Measuring changes in wage price indices for individual industries and states.
External Financial Resources
Banner images:
Top - Port of Port Hedland. Image courtesy of Pilbara Ports Authority.
Below - North Quay Terminals, Fremantle. Image courtesy of Fremantle Ports.
Market Updates
Read our commentary and analysis on financial markets and the Australian and global economies.