Latest Updates
A snapshot of the latest in economic indicators from our Economic Services team.- 12 Dec 2024 Labour Force November 2024Seasonally adjusted employment rose 35.6k in November, somewhat more than the 25.0k expected by market participants. The seasonally adjusted unemployment rate unexpectedly declined 0.2ppts to 3.9%, while the market consensus had pencilled in a 0.1ppts uptick to 4.2%.
- 05 Dec 2024 Trade Balance October 2024Australia’s seasonally adjusted goods trade surplus increased to a six-month high of A$5,953m in October, from the downwardly revised A$4,532m in the previous month (originally A$4,609m). The market expectation was for a decline to A$4,500m.
- 04 Dec 2024 GDP - Q3 2024Seasonally adjusted real GDP rose 0.3% in Q3 2024, less than the 0.5% expected by the markets, but more than the 0.2% registered for Q2. The annual growth rate unexpectedly decelerated to just 0.8%. Outside of the heights of COVID-19, this was the slowest growth since the early 1990s recession. Real GDP per capita saw the seventh consecutive quarterly decline of 0.3% and was down 1.5% YoY.
All Economic Indicators
Select your preferred publication to find out more.- Balance of PaymentsRead more
Measuring economic transactions between Australia and the rest of the world.
- Building ApprovalsRead more
A breakdown of building work approved within Australia over the last month.
- CPI InflationRead more
The most recent data on consumer price inflation across Australia.
- EmploymentRead more
A snapshot of employment and participation within the Australian labour force.
- GDPRead more
Measures the total market value of all goods and services produced in Australia.
- Housing FinanceRead more
Newly approved loan commitments for borrowers for housing purposes.
- Retail TradeRead more
Domestic developments in retail trade across industry groups and states.
- Trade BalanceRead more
A summary of developments in Australian foreign trade over the most recent month.
- WagesRead more
Measuring changes in wage price indices for individual industries and states.
External Financial Resources
Banner images:
Top - Port of Port Hedland. Image courtesy of Pilbara Ports Authority.
Below - North Quay Terminals, Fremantle. Image courtesy of Fremantle Ports.
Market Updates
Read our commentary and analysis on financial markets and the Australian and global economies.