Corporate profits in Australia fell 1.3% quarter-on-quarter in the first quarter of 2026, reversing an upwardly revised 5.9% increase in the previous quarter and missing expectations of a 0.5% rise. The decline signals a broad cooling in business profitability momentum after a strong finish to the previous year, mainly due to a sharp drop in mining profits (-9.1% vs 8.0% in Q4). Lower profits were also recorded in accommodation and food services (-2.0% vs 5.7%) and financial and insurance services (-9.6% vs 3.1%). In addition, profit growth moderated in wholesale trade (4.5% vs 6.4%), transport, postal and warehousing (0.9% vs 8.1%), professional, scientific and technical services (3.1% vs 9.2%), and rental, hiring and real estate services (1.7% vs 3.0%). On the other hand, profits rose further in manufacturing (3.5% vs 2.7%) and construction (7.9% vs 4.3%), while rebounded in retail trade (5.9% vs -0.2%). Yearly, corporate profits were up 3.2%, slowing from a 4.2% growth previously. source: Australian Bureau of Statistics
Corporate Profits in Australia decreased to 132650 AUD Million in the first quarter of 2026 from 134455 AUD Million in the fourth quarter of 2025. Corporate Profits in Australia averaged 63022.15 AUD Million from 1994 until 2026, reaching an all time high of 149930.00 AUD Million in the second quarter of 2022 and a record low of 12032.00 AUD Million in the first quarter of 1995. 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 - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.
Corporate Profits in Australia decreased to 132650 AUD Million in the first quarter of 2026 from 134455 AUD Million in the fourth quarter of 2025. Corporate Profits in Australia is expected to be 127191.00 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Corporate Profits is projected to trend around 138517.00 AUD Million in 2027 and 141703.00 AUD Million in 2028, according to our econometric models.