Corporate profits in Australia rose 1.9 percent on quarter to AUD 90.22 billion in the September quarter of 2018, slowing from an upwardly revised 2.4 percent advance in the previous period and missing market expectations of 2.8 percent. By industry, profit growth slowed sharply for both mining (3.4% vs 5.2% in Q2) and financial insurance services (1.3% vs 12.1%), while a slump in profits was recorded for: manufacturing (-5.1% vs 1.7%); wholesale trade (-1.1% vs 3.1%); retail trade (-2% vs 2.4%); transport, warehousing (-2.7% vs 3.9%); professional, scientific & technical services (-1% vs -3.8%); and other services (-8% vs 19.7%). In contrast, profits rose faster for rental & real estate (3.1% vs 2.3%) and administrative & support services (4.7% vs 4.3%); and rebounded for electricity, gas & utilities (7% vs -2.7%); construction (9.7% vs -2.8%); accommodation & food services (13.4% vs -3.8%); arts & recreation services (9.6% vs -0.6%); and information media & telecom (3% vs -6.7%). Corporate Profits in Australia averaged 44444.63 AUD Million from 1994 until 2018, reaching an all time high of 90221 AUD Million in the third quarter of 2018 and a record low of 12032 AUD Million in the first quarter of 1995.

Corporate Profits in Australia is expected to be 68900.00 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Corporate Profits in Australia to stand at 88482.89 in 12 months time. In the long-term, the Australia Corporate Profits is projected to trend around 59900.00 AUD Million in 2020, according to our econometric models.

Australia Corporate Profits
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Calendar GMT Actual Previous Consensus TEForecast
2018-03-05 12:30 AM Company Gross Profits QoQ 2.2% -0.1% 1.6%
2018-06-04 01:30 AM Company Gross Profits QoQ 5.9% 2.8% 3%
2018-09-03 01:30 AM Company Gross Profits QoQ 2% 6.5% 1.3%
2018-12-03 12:30 AM Company Gross Profits QoQ 1.9% 2.4% 2.8%
2019-03-05 12:30 AM Company Gross Profits QoQ 1.9% 68900%
2019-06-04 01:30 AM Company Gross Profits QoQ 89069.22%
2019-09-03 01:30 AM Company Gross Profits QoQ 88739.46%


Australia Business Last Previous Highest Lowest Unit
Business Confidence 4.00 6.00 21.00 -30.00 Index Points [+]
Services PMI 55.10 51.10 63.00 39.00 Index Points [+]
Manufacturing PMI 51.30 58.30 63.10 30.86 [+]
Industrial Production 2.80 4.30 12.60 -7.60 percent [+]
Industrial Production Mom -0.80 0.70 5.10 -7.00 percent [+]
Manufacturing Production -0.70 2.10 8.60 -11.80 percent [+]
Capacity Utilization 81.84 82.10 84.67 78.24 percent [+]
New Orders 31.00 49.00 49.00 -37.00 Index Points [+]
Changes in Inventories 47.00 1223.00 4159.00 -3845.00 AUD Million [+]
Bankruptcies 635.00 783.00 1123.00 217.00 Companies [+]
Corporate Profits 90221.00 88576.00 90221.00 12032.00 AUD Million [+]
Total Vehicle Sales 90718.00 94711.00 130300.00 48099.00 [+]
Car Registrations 14078.61 13815.11 14078.61 3990.94 Thousand [+]
Leading Economic Index 0.10 0.00 0.54 -1.10 percent [+]
Small Business Sentiment -4.01 1.54 18.71 -21.10 [+]
Internet Speed 11063.10 10098.33 11063.10 1922.87 KBps [+]
IP Addresses 9859878.00 9310525.00 13859005.00 5227461.00 IP [+]
Private Investment -0.50 -0.90 15.60 -8.40 percent [+]
Mining Production 6.10 6.30 25.20 -16.90 percent [+]
Steel Production 440.55 433.73 819.00 238.00 Thousand Tonnes [+]
Corruption Index 77.00 79.00 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 52.90 52.00 58.30 52.00 Index Points [+]
Business Inventories 0.00 0.70 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
90221.00 88576.00 90221.00 12032.00 1994 - 2018 AUD Million Quarterly
Current Prices, SA




Country Last Previous
China 5521180.00 Oct/18
United Kingdom 114178.00 Sep/18
Australia 90221.00 Sep/18
Canada 85053.00 Sep/18
Japan 18284.72 Sep/18
Russia 10151.70 Sep/18
United States 2073.50 Sep/18
Germany 192.30 Sep/18


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