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
- 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.
Explore inflation →Interest & borrowing
- Cash-rate target
- 4.60%
- Latest change
- +0.25 pp
Target effective 30 September 2026
The cash-rate target is the RBA’s policy setting. Explore how it compares with the average rates households and businesses pay.
Explore interest & borrowing →Jobs & wages
- 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.
Explore jobs & wages →National accounts
- Real GDP · quarter
- 0.4%
- Per person · quarter
- 0.0%
June quarter 2026 · Seasonally adjusted
Real GDP measures production after adjusting for prices. Per-person figures also allow for population change.
Explore national accounts →Business profits
- 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 →Population
- Residents
- 27.92m
- Annual growth
- 1.43%
End of March 2026 · Original estimates
Population is the number of residents at a point in time. Annual growth compares that estimate with a year earlier.
Explore population →Productivity
- Annual change
- -0.2%
- Quarterly change
- 0.0%
June quarter 2026 · Seasonally adjusted
Labour productivity measures real output per hour worked. It reflects the production system, rather than how hard each person works.
Explore productivity →Trade
- 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.
Explore trade →Budget
- 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.
Explore budget →International comparisons
Reference years vary by country and measure
Compare growth, living standards, work, household debt and government finances. Missing observations stay missing; common-year controls help align comparisons.
Explore international comparisons →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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