Australia Economy

Australia recorded 299,903 registered births in 2025, representing an increase of 7,585 births compared to the previous year.

Public sector jobs rose 2.3% between June 2025 and June 2026, while total wages increased 6.6% according to figures released by the Australian Bureau of Statistics.

The Australian Bureau of Statistics stated that about 82% of local businesses reported artificial intelligence had no impact on job vacancies in August.

Household spending rose 0.6% in September according to seasonally adjusted figures released by the Australian Bureau of Statistics.

The Australian Bureau of Statistics reported total dwelling approvals rose 5.1% in September to 17,948 units, driven by higher apartment approvals.

The Australian Bureau of Statistics reported that the consumer price index rose 4.3% in the 12 months to September.

Australia’s seasonally adjusted unemployment rate reached 4.7% in September as the economy shed 39,000 jobs, according to the Australian Bureau of Statistics.

The International Monetary Fund  warned that Australia faces a 3.9% headline inflation rate this year, prompting the Reserve Bank of Australia to signal a potential interest rate increase to 4.85% in November.

S&P Global (NYSE:SPGI) reported that record federal spending and persistent budget deficits have left Australia vulnerable to economic downturns.

New residential building activity across Australia picked up during the June quarter as total home commencements rose 7.0% to 52,201 dwellings.

Australia and Japan signed a five-year memorandum of cooperation to hold annual talks on financial policy and economic security issues.

Australian job vacancies fell by 0.9% to 325,000 in the three months to August, according to the Australian Bureau of Statistics.