Economic Insights

Economic Indicators

Commentary and analysis of key economic data and developments.

Latest Updates

A snapshot of the latest in economic indicators from our Economic Services team.
  • 18 Jul 2024 Labour Force June 2024
    Employment rose by a seasonally adjusted 50.2k in June, significantly more than the 20.0k pencilled in by the consensus. The May employment gain was revised slightly down to 39.5k from the initially estimated 39.7k. The annual rate of employment growth accelerated from 2.5% to 2.8% in June, which is comparable to the 2.9% observed in April.
  • 08 Jul 2024 Housing Finance May 2024
    The value of new home loans (excluding refinancing) fell by 1.7% in May, following three months of solid increases. The annual rate of growth in new home loans slowed to 18.0%, which is the slowest in three months.
  • 04 Jul 2024 Trade Balance May 2024
    Australia’s seasonally adjusted goods trade surplus declined A$254m to A$5,773m in May, from the downwardly revised level for April (A$6,027m against the original estimate of A$6,548m). The market consensus was for a A$6,328m surplus.

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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  • Housing Finance

    Newly approved loan commitments for borrowers for housing purposes.

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  • Retail Trade

    Domestic developments in retail trade across industry groups and states.

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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.