Australian Economy

By Belinda Allen, Senior Economist at CBA The CommBank Household Spending Insights index lifted by 0.5% in May after a flat outcome in April.

Australia’s cafe industry is on the verge of collapse.

The Victorian government has set a delusional target to deliver 95% renewable energy by 2035. These targets are legislated in the Renewable Energy (Jobs and Investment) Act 2017 (Vic), namely: 25% by 2020 (achieved) 40% by 2025 65% by 2030 (previously 50%) 95% by 2035 (new).

Last week’s Q1 national accounts release from the Australian Bureau of Statistics (ABS), revealed that real per capita home consumption has been negative for seven consecutive quarters on an annual basis, down 2.4% from its peak.

The “Stats Guy”, Simon Kuestenmacher, is a well-known immigration shill.

The Australian Bureau of Statistics (ABS) released data on Australia’s housing stock, which was valued at a record $11,366 billion as of Q1 2025, equating to $1,002,500 per dwelling.

The official Q1 CPI inflation data from the Australian Bureau of Statistics (ABS) revealed that the policy-important trimmed mean inflation rate fell to 2.9% year over year, staying within the Reserve Bank of Australia’s (RBA) inflation target range of 2% to 3%.

According to Westpac, financial markets have now priced a 97% chance that the Reserve Bank of Australia (RBA) will reduce the official cash rate (OCR) at its monetary policy board meeting in July.

The Department of Redundancy Department is Albo’s core portfolio.

Victoria’s budget finances are in disarray, with the state carrying the nation’s highest debt and lowest credit rating.

Melbourne’s population was about 3.5 million people at the turn of the century.

Last week’s Q1 national accounts release from the Australian Bureau of Statistics (ABS) showed that real per capita GDP fell by 0.2%.

According to the OECD, Australia has the smallest manufacturing sector relative to its economy in the developed world.

The waste of space formerly known as the media had a good laugh at your expense over the weekend, that you can still afford or want to pay $7 for a coffee.

By Lucinda Jerogin, associate economist at CBA: Real GDP surprised to the downside at 0.2%/qtr.

This week’s Q1 national accounts release from the Australian Bureau of Statistics (ABS) revealed that real per capita household consumption has been negative for seven consecutive quarters on an annual basis, down 2.4% from its peak.

I’ve long argued that water is the ‘elephant in the room’ of the immigration debate, something policymakers and pro-Big Australia supporters never acknowledge.

If you are a first-home buyer, seasoned investor or someone planning your next move, you may be wondering which suburb offers the best value for money.

The Australian Bureau of Statistics’ (ABS) population data has become a lottery. The population estimates in the Q3 2024 and Q4 2024 national accounts releases (here and here) differed wildly from the official quarterly population statistics released a few weeks later.

Wednesday’s national accounts release from the Australian Bureau of Statistics (ABS) revealed that Australia’s per capita GDP declined by 0.2% in Q1 2025 and by 0.4% year-on-year.