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The Economic PictureA clearer view of Australia.

Australia · The economic snapshot

The economy.
In perspective.

See where things stand, understand what the figures measure, and explore the questions behind them.

Each figure carries its own reference period. These are specific source editions. We check new releases before updating, and each figure keeps its own date.

Inflation

How are prices changing?

Annual CPI
4.3%
Trimmed mean
3.6%

Year to September 2026 · Monthly CPI · Eight capital cities

CPI measures consumer-price changes. The trimmed mean helps show the broader pattern by trimming unusually large movements.

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Jobs & wages

What is happening to work and pay?

Unemployment rate
4.7%
Annual wage growth
3.2%

Jobs: September 2026 · Wages: June quarter 2026 · Seasonally adjusted

Unemployment is a share of the labour force. Wage growth measures changes in wage rates; the detail compares wages with prices.

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Business profits

How are business profits changing?

Company profits · quarter
+1.8%
Company profits · annual
+7.4%

June quarter 2026 · Seasonally adjusted · Current prices

Gross operating profits within ABS survey coverage. Explore company and unincorporated profits, industry differences and the role of mining.

Explore business profits

Trade

What is Australia buying and selling?

Goods balance
+$0.5bn
Goods & services balance
−$5.1bn

Goods: August 2026 · Goods & services: June quarter 2026 · Seasonally adjusted

The balance is exports less imports. Monthly goods and quarterly goods-and-services totals cover different periods and should not be added.

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Budget

How do the government’s plans add up?

Underlying cash balance
−$31.5bn

2026–27 financial year · Current Budget estimate

A negative balance is a deficit: expected cash payments exceed receipts. This is a Commonwealth government estimate, rather than an economic outcome.

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Follow your question.

Read the figures in context.

Dates describe different things.

The reference period is when activity happened. Publication can follow later. A Budget estimate describes a planned future financial year. Each subject explains its source edition and coverage.

Prices and population matter.

“Real” means adjusted for price changes. “Per person” divides a total by the population. Neither describes how evenly income or living standards are shared.

Some patterns are seasonal.

Seasonally adjusted figures allow for recurring patterns such as holiday hiring. Original figures retain those patterns. Compare measures on the same basis.

A change is not a cause.

A chart shows what changed. It does not establish why it changed. Follow the definitions, dates and qualifications alongside the detailed figures.

Official sources include the Australian Bureau of Statistics, Reserve Bank of Australia, Australian Government Budget papers and the international providers identified in each subject. Source links and calculation notes accompany the detailed pages.

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