AustraliaEconomy

Australia's residential dwelling value fell $34.1 billion to $12.7 trillion in the June quarter.

Australia recorded a 0.7% rise in filled jobs to 16.3 million in the June quarter, driven by a 110,700 position gain across the nation.

Australia recorded a narrower goods trade surplus of $1.92 billion in July, reflecting a 3.3% decline in overall exports.

Australia recorded a 0.4% increase in gross domestic product for the June quarter of 2026, according to data from the Australian Bureau of Statistics.

Total Australian dwelling approvals fell 3.6% to 17,687 units in July, according to the Australian Bureau of Statistics.

Australia recorded a current account deficit of $27.2 billion in the June quarter as surging fuel and vehicle imports expanded the national trade deficit.

Australian private new capital expenditure fell 3.6% in the June quarter of 2026.

Australian household spending grew by 1.1% in July, driven by higher consumer demand in discretionary and essential categories.

Australia's consumer price index rose 3.5% in the 12 months to July, slowing down from a 3.8% annual rate recorded in June.

The Reserve Bank of Australia debated a rate hike before unanimously holding the cash rate steady.

Reserve Bank of Australia Governor Michele Bullock outlined a three-point strategy to modernise statistical frameworks.

The Australian Bureau of Statistics reported that the national unemployment rate rose to 4.5% in July.