News Articles for Australian Bureau of Statistics

Australia's gross domestic product rose 0.4 per cent in the quarter, with data centre investment driving an uptick in private investment over the period.

Australia's unemployment rate has returned to 4.3 per cent after an unexpected uptick in September, dashing hopes a cash rate cut would come before the end of the year.

Australia's central bank has kept the interest rate steady at 3.6 per cent following a spike in inflation readings recently.

Figures released today revealed Australia's unemployment rate climbed to 4.5 per cent in September, lifting the spirits of those eagerly awaiting another cash rate cut from the Reserve Bank.

The state is leading the country in home completion growth, after recent data assessed whether Australia was on track to achieve its National Housing Accord target.

Australia's central bank has held the cash rate steady at 3.6 per cent, amid an uptick in inflation readings and widely inline with market expectations.

Electricity prices and housing costs have fuelled a fourteen-month inflation peak ahead of the Reserve Bank's monetary policy meeting next week.

Australia's unemployment rate has remained steady at 4.2 per cent in August, despite population still climbing at double the pre-pandemic average rate.

Australia's inflation eased to 2.1 per cent in the June quarter, bolstering expectations the Reserve Bank will cut interest rates at its August meeting.

Australia's unemployment rate rose to 4.3 per cent in June, the highest since 2021, fuelling expectations the Reserve Bank will cut rates next month.

Despite cost-of-living being a key issue on most Australian's minds, new data from the Australian Bureau of Statistics indicates confidence in the economy.

Underlying inflation has eased to its lowest level in more than three years, bolstering expectations the Reserve Bank will lower interest rates at its July meeting.

OPINION: Australia's capability and reliable supply chains are important in conflict.

Female workforce participation rates in the construction industry are improving, but have some way to go.

One of the country's peak industry bodies says the drop in mining exploration across Australia is a concerning trend for the sector.

The federal government's commitment to improving early childhood education continues as data is collected on preschool students.

The public sector may be outperforming private organisations when it comes to the gender pay gap, but new data shows women in public service earn around $8,200 less than men each year.

ANALYSIS: Business News recaps a week's worth of ABS data and looks at where the economy is headed next.

Core inflation dropped below 3 per cent for the first time since 2021, reinforcing expectations of a May 20 rate cut.

A re-elected Labor government will ban non-compete clauses for those earning less than $175,000.

Australia's unemployment rate ticked up slightly to 4.1 per cent in March, according to seasonally adjusted data released by the ABS on Thursday.

Dwelling commencements are improving, but still have a long way to go to meet federal government targets.

Shadow housing minister Michael Sukkar says the Coalition won't set a target for new home builds because it's an ‘insult to Australians'.

Australia's goods trade surplus fell to multi-year lows in February as the threat of further tariffs hung heavy in the air.

Tropical cyclones and iron ore disruptions on Australia's west coast failed to put a real damper on January's export data, according to the ABS.

New figures released by the Australian Bureau of Statistics show Australia has passed the lowest point of its economic cycle, according to Deloitte.

Australia's capital expenditure dropped 0.2 per cent in Q4, but WA held strong with a 3.1 per cent jump in private investment.

Australia's consumer price index – a key measure of inflation – held steady at 2.5 per cent over January.

Eleven MCGs – or 18 Optus Stadiums – worth of jobs have been created by the Albanese government, according to Murray Watt, as new statistics reveal a record high participation rate.

Australia's consumer price index rose 0.2 per cent in the December quarter, buoying expectations the Reserve Bank of Australia could cut rates in February.

Several key initiatives to make the Danish capital a greener place could be applied in Perth.

A surge in jobs in December has economists split over whether the Reserve Bank is likely to cut rates in February, with some predicting a cut may not come until the second quarter of the year.

Australia's trimmed mean inflation fell to 3.2 per cent in November, but jobs figures suggesting a tightening of the labour market have dashed hopes of a February rate cut.

ABS data shows new home approvals in WA defied national trends in November.

WA continues to outperform other key economic metrics despite its lagging GSP growth.

Australia's trade surplus has reached its highest level in six months, but economists are holding their breath ahead of Trump's second term.

Australia has recorded its lowest annual economic growth since 2020, up only 0.3 per cent in the September quarter, the Bureau of Statistics found.

Australian house prices have experienced their weakest growth in almost two years, as experts warn a downturn is gathering momentum in the major capital cities.

Australia's annual inflation held steady at 2.1 per cent for October, remaining at its lowest since mid-2021.

Australians working in healthcare and retail trade led the way in wage growth for the September quarter, with figures revealing the lowest annual rise in almost two years.