Latest Updates
A snapshot of the latest in economic indicators from our Economic Services team.- 14 Nov 2024 Labour Force October 2024Employment growth slowed to 15.9k in October, missing the market expectations of a 25.0k gain. The seasonally adjusted unemployment rate was steady at 4.1%, in line with expectations. Despite the rise, the Western Australian unemployment rate remained low at 4.0%.
- 13 Nov 2024 Wages - Q3 2024The wage price index, measuring total hourly rates of pay excluding bonuses, increased a seasonally adjusted 0.8% in Q3 2024, slightly less than the 0.9% expected by market participants. The annual rate of wages growth decelerated to 3.5% (mkt exp. 3.6%), which is the slowest since Q4 2022.
- 07 Nov 2024 Trade Balance September 2024Australia’s seasonally adjusted goods trade surplus dropped to a six-month low of A$4,609m in September, from the downwardly revised A$5,284m (originally A$5,644m). The market expectation was for a more moderate decline to A$5,274m.
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.