Corporate profits in Australia rose by 4.5 percent on quarter to a new all-time high of AUD 98.03 billion in the second quarter of 2019, following an upwardly revised 2.6 percent gain in the previous period and beating market consensus of 2 percent growth. That was the strongest increase in corporate profits since the first quarter of 2018. By industry, profits grew for mining (10.9% vs 6.6% in Q1); wholesale trade (3% vs 2%); construction (4.1% vs -7.2%); accommodation & food (5.6% vs -3.9%); retail trade (3.4% vs 1.2%); rental, hiring and real estate (5.1% vs -10.2%); arts and recreation (11.5% vs -10.4%); administrative and support services (2.7% vs 12.4%); professional, scientific and technical services (6.5% vs 8%); and other services (1.9% vs 1%). By contrast, profits fell for manufacturing (-3.5% vs -1%); financial and insurance (-5% vs 13.6%); information media and telecommunications (-4.7% vs 5.5%); utilities (-11.3% vs 0.6%); and transport, postal, warehousing (-2% vs 4.1%). Corporate Profits in Australia averaged 45921.12 AUD Million from 1994 until 2019, reaching an all time high of 98026 AUD Million in the second quarter of 2019 and a record low of 12032 AUD Million in the first quarter of 1995.

Australia Corporate Profits
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-03 12:30 AM Company Gross Profits QoQ Q3 1.9% 2.4% 2.8%
2019-03-04 12:30 AM Company Gross Profits QoQ Q4 0.8% 1.2% 3% 2.3%
2019-06-03 01:30 AM Company Gross Profits QoQ Q1 1.7% 2.8% 3% 1.5%
2019-09-02 01:30 AM Company Gross Profits QoQ Q2 4.5% 2.6% 2% 1.9%


Australia Business Last Previous Highest Lowest Unit
Business Confidence 1.00 4.00 21.00 -30.00 Index Points [+]
Services PMI 51.40 43.90 63.00 32.50 Index Points [+]
Manufacturing PMI 53.10 51.30 62.50 29.47 [+]
Industrial Production 1.90 1.30 12.60 -7.60 percent [+]
Industrial Production Mom 1.20 0.70 5.20 -7.10 percent [+]
Manufacturing Production -3.10 -1.70 8.60 -11.80 percent [+]
Capacity Utilization 82.04 80.89 84.62 78.24 percent [+]
New Orders 36.00 22.00 49.00 -37.00 Index Points [+]
Changes in Inventories -1982.00 559.00 4159.00 -3848.00 AUD Million [+]
Bankruptcies 846.00 708.00 1123.00 217.00 Companies [+]
Corporate Profits 98026.00 93796.00 98026.00 12032.00 AUD Million [+]
Total Vehicle Sales 85633.00 83184.00 130300.00 48099.00 [+]
Car Registrations 14330.43 14078.57 14330.43 3990.94 Thousand [+]
Leading Economic Index 0.10 -0.07 0.54 -1.10 percent [+]
Small Business Sentiment 0.84 -4.92 18.55 -21.17 [+]
Internet Speed 11063.10 10098.33 11063.10 1922.87 KBps [+]
IP Addresses 9859878.00 9310525.00 13859005.00 5227461.00 IP [+]
Industrial Sentiment 50.90 51.60 57.20 50.90 Index Points [+]
Private Investment -0.50 -1.30 15.70 -8.60 percent [+]
Mining Production 6.50 3.80 25.20 -16.90 percent [+]
Steel Production 428.70 475.78 819.00 238.00 Thousand Tonnes [+]
Services Sentiment 49.10 52.30 58.40 48.70 Index Points [+]
Corruption Index 77.00 77.00 88.60 77.00 Points [+]
Corruption Rank 13.00 13.00 13.00 7.00 [+]
Competitiveness Index 78.85 78.17 78.85 5.08 Points [+]
Competitiveness Rank 14.00 15.00 22.00 14.00 [+]
Composite Pmi 49.30 52.10 58.30 49.10 Index Points [+]
Business Inventories -0.90 0.80 2.80 -2.80 percent [+]
Ease of Doing Business 18.00 14.00 18.00 9.00 [+]


Australia Corporate Profits

In Australia, corporate profits refers to the net operating profit or loss before income tax and extraordinary items and is net of capital profits or losses arising from the sale of businesses' own capital goods and dividends received. This page provides the latest reported value for - Australia Corporate Profits - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Corporate Profits - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
98026.00 93796.00 98026.00 12032.00 1994 - 2019 AUD Million Quarterly
Current Prices, SA




Country Last Previous
China 3497700.00 Jul/19
United Kingdom 111745.00 Jun/19
Australia 98026.00 Jun/19
Canada 90428.00 Jun/19
Japan 23232.47 Jun/19
Russia 8040.50 Jun/19
United States 1882.97 Jun/19
Germany 182.21 Jun/19


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