Economic Insights

Economic Indicators

Commentary and analysis of key economic data and developments.

Latest Updates

A snapshot of the latest in economic indicators from our Economic Services team.
  • 20 Feb 2025 Labour Force January 2025
    Employment saw another solid gain of 44.0k in seasonally adjusted terms in January, following an upwardly revised increase of 60.0k in the previous month. The unemployment rate ticked up by 0.1ppts to 4.1% in seasonally adjusted terms, but was unchanged at 4.0% in trend terms.
  • 19 Feb 2025 Wages - Q4 2024
    The wage price index increased by a seasonally adjusted 0.7% in Q4 2024, slightly less than the 0.9% expected by markets and the least since Q1 2022. The annual rate of wages growth decelerated to 3.2%, the weakest in over two years.
  • 06 Feb 2025 Trade Balance December 2024
    Australia’s seasonally adjusted goods trade surplus dropped to a six-month low of A$5,085m, from the downwardly revised A$6,792m. The increase in the goods trade surplus came as a strong 5.9% rise in imports was only partly offset by a 1.1% increase in exports. Iron ore was a major contributor to the rise in exports, thanks to strong increases in prices and volumes.

All Economic Indicators

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  • Balance of Payments

    Measuring economic transactions between Australia and the rest of the world.

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  • Building Approvals

    A breakdown of building work approved within Australia over the last month.

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  • CPI Inflation

    The most recent data on consumer price inflation across Australia.

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  • Employment

    A snapshot of employment and participation within the Australian labour force.

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  • GDP

    Measures the total market value of all goods and services produced in Australia.

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  • Housing Finance

    Newly approved loan commitments for borrowers for housing purposes.

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  • Retail Trade

    Domestic developments in retail trade across industry groups and states.

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  • Trade Balance

    A summary of developments in Australian foreign trade over the most recent month.

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  • Wages

    Measuring changes in wage price indices for individual industries and states.

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External Financial Resources

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- Port of Port Hedland. Image courtesy of Pilbara Ports Authority.
B
elow - North Quay Terminals, Fremantle. Image courtesy of Fremantle Ports.