Economic Insights

Economic Indicators

Commentary and analysis of key economic data and developments.

Aerial view of Pilbara Ports, featuring boats on the water surrounded by sandy and grassy landscape.

Latest Updates

A snapshot of the latest in economic indicators from our Economic Services team.
  • 02 Jul 2026 Trade Balance May 2026
    Australia’s seasonally adjusted goods trade balance turned back negative in May, declining by A$4.4b to a deficit of A$3.0b. This was a surprise to market participants, who expected that the goods trade surplus would widen to A$2.2b. The decrease in goods trade surplus was caused by both a 6.9% drop in exports and a 2.6% gain in imports.
  • 01 Jul 2026 Building Approvals May 2026
    Dwelling approvals fell by a seasonally adjusted 1.1% in May, against expectations of a flat result; this followed a 0.2% decline in April. In contrast to the previous month, the fall in dwelling approvals was due to a 10.4% drop in dwellings other than houses, while private sector house approvals picked up by 2.8% after a slight decline in April.
  • 25 Jun 2026 Household Spending May 2026
    Household spending rebounded by a seasonally adjusted 1.3% in May (mkt exp.: 0.5%), following a 1.1% fall in April. Annual household spending growth picked up by 0.4ppts to 5.1%.

All Economic Indicators

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  • Balance of Payments

    Measuring economic transactions between Australia and the rest of the world.

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  • Building Approvals

    A breakdown of building work approved within Australia over the last month.

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  • CPI Inflation

    The most recent data on consumer price inflation across Australia.

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  • Employment

    A snapshot of employment and participation within the Australian labour force.

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  • GDP

    Measures the total market value of all goods and services produced in Australia.

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  • Household Spending

    Data on both monthly and quarterly household spending

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  • Trade Balance

    A summary of developments in Australian foreign trade over the most recent month.

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  • Wages

    Measuring changes in wage price indices for individual industries and states.

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External Financial Resources

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- Port of Port Hedland. Image courtesy of Pilbara Ports Authority.
B
elow - North Quay Terminals, Fremantle. Image courtesy of Fremantle Ports.