AustraliaEconomy

Australian total dwelling approvals sliding 7.2% in January to a seasonally adjusted 14,564.

Australia's current account deficit widened by $2.8 billion in the December quarter 2025, reaching a total of $21.1 billion, according to the Australian Bureau of Statistics.

RBA Michele Bullock has cautioned that a potential oil price shock stemming from the conflict in Iran could exacerbate local inflationary pressures.

Australian winter broadacre crop production has staged a recovery, with the latest insights from the Australian Bureau of Statistics revealing a 20% rise in total value for the 2024-25 financial year.

New ABS data reveals that while 80% of children live within 2km of a school, 42% of lone-parent families face high disadvantage.

Data from the ABS revealed a cooling trend in the nation's wage expansion, with annual average weekly earnings growth slowing to 3.8% in the year to November 2025.

Australian private new capital expenditure edged up 0.4% in the December 2025 quarter, reaching a level 7.8% higher than the previous year.

Australian exporters have been handed a narrow reprieve after the United States formalised a temporary 10% global tariff on most imports.

Australian inflation remained stubborn in the opening month of 2026, with the consumer price index rising 3.8% in the 12 months to January.

Australia's economic engine is showing signs of long-term strain as new data reveals capital productivity has plummeted by nearly 19% over the last three decades.

Australia’s unemployment rate held at 4.1% in January as full-time jobs jumped to record highs, signalling a labour market still tighter than the RBA would like despite expectations for softening.

The national wage price index climbed 0.8% in the December quarter of 2025, maintaining a steady annual growth rate of 3.4%.