Aussie flash PMI firms

A new FY brings new hope. S&P with the note.

Flash Australia Composite PMI Output Index: 53.6 Index, sa, >50 = growth m/m % qr/qr (Jun: 51.6)
Flash Australia Services PMI Business Activity Index: 53.8 (Jun: 51.8)
Flash Australia Manufacturing PMI: 51.6 (Jun: 50.6)
Flash Australia Manufacturing PMI Output Index: 52.3 (Jun: 49.9)

“July’s S&P Global Flash Australia PMI data reflected that business activity growth hastened at the start of the third quarter of 2025. Moreover, the improvement was broad-based with faster service sector growth joined by a renewed expansion in manufacturing production. The trend was similar for new orders, with manufacturing new orders notably rising at among the fastest pace in over two-and-a-half years.”

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.