Corporate profits in Australia rose 2 percent quarter-on-quarter to AUD 88.5 billion in the June quarter 2018, after an upwardly revised 6.5 percent rise in Q1 and beating expectations of 1.3 percent. Profits increased at a softer pace for: mining (4.4 percent vs 12.2 percent in Q1); transport (3 percent vs 3.3 percent); manufacturing (1.8 percent vs 4.2 percent); rental & real estate (2.7 percent vs 3.2 percent); and retail trade (1.5 percent vs 6 percent). Also, profits rebounded for both financial insurance services (13.3 percent vs -12.5 percent) and wholesale trade (2.5 percent vs -4.2 percent). By contrast, profits fell for: utilities (-3.4 percent vs 10.4 percent); construction (-5.3 percent vs 11.8 percent); information media & telecom (-6.4 percent vs 3.3 percent); professional, scientific & technical services (-2.4 percent vs 2.3 percent); and accommodation & food services (-4.6 percent, the same pace as in Q1). Corporate Profits in Australia averaged 43969.08 AUD Million from 1994 until 2018, reaching an all time high of 88467 AUD Million in the second 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 88769.21 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 87047.99 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.


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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 2%


Australia Business Last Previous Highest Lowest Unit
Business Confidence 4.00 6.00 21.00 -30.00 Index Points [+]
Services PMI 51.10 52.50 63.00 39.00 Index Points [+]
Manufacturing PMI 58.30 59.00 63.10 30.86 [+]
Industrial Production 3.50 4.70 12.00 -7.70 percent [+]
Industrial Production Mom 0.20 2.50 5.10 -6.90 percent [+]
Manufacturing Production 1.90 6.10 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 1160.00 1242.00 4102.00 -3764.00 AUD Million [+]
Bankruptcies 635.00 783.00 1123.00 217.00 Companies [+]
Corporate Profits 88467.00 86762.00 88467.00 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 -2.50 1.20 15.40 -8.50 percent [+]
Mining Production 4.50 4.70 25.60 -16.90 percent [+]
Steel Production 433.73 520.00 819.00 238.00 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 52.00 52.50 58.30 52.00 Index Points [+]
Business Inventories 0.60 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
88467.00 86762.00 88467.00 12032.00 1994 - 2018 AUD Million Quarterly
Current Prices, SA




Country Last
China 4917340.00 Sep/18
United Kingdom 114178.00 Sep/18
Australia 88467.00 Jun/18
Canada 76692.00 Jun/18
Japan 26401.12 Jun/18
Russia 8572.00 Aug/18
United States 2007.53 Jun/18
Germany 201.20 Jun/18


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