Corporate profits in Australia rose by 1.7 percent to a new all-time high of AUD 93.03 billion in the first quarter of 2019, after an upwardly revised 2.8 percent gain in the prior quarter but missing market consensus of a 3 percent growth. It was the weakest rise in corporate profits in three quarters. By industry, profit growth slowed for mining (5.2 percent vs 6 percent in Q4); electricity, gas, water & waste services (1.8 pct vs 6 pct); and transport, postal, warehousing (3.8 pct vs 10.5 pct). In addition, profits fell for construction (-7.5 pct vs 5.1 pct) and accommodation & food services (-3.8 pct vs 10.6 pct). Also, profit declined further for rental, hiring and real estate (-10 pct vs -0.2 pct). Meantime, profits of wholesale trade (2.8 pct vs -1.4) and those of administrative and support services rebounded (13.6 pct vs -11.3 pct), while those of other services were flat (vs 1.8 pct in Q4). Corporate Profits in Australia averaged 45383.82 AUD Million from 1994 until 2019, reaching an all time high of 93026 AUD Million in the first 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
2018-09-03 01:30 AM Company Gross Profits QoQ Q2 2% 6.5% 1.3%
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%


Australia Business Last Previous Highest Lowest Unit
Business Confidence 2.00 7.00 21.00 -30.00 Index Points [+]
Services PMI 52.20 52.50 63.00 32.50 Index Points [+]
Manufacturing PMI 49.43 52.72 62.50 29.47 [+]
Industrial Production 1.20 3.00 12.60 -7.60 percent [+]
Industrial Production Mom 0.50 0.30 5.20 -7.10 percent [+]
Manufacturing Production -1.30 -0.50 8.60 -11.80 percent [+]
Capacity Utilization 82.06 80.88 84.62 78.24 percent [+]
New Orders 36.00 22.00 49.00 -37.00 Index Points [+]
Changes in Inventories 460.00 1048.00 4159.00 -3848.00 AUD Million [+]
Bankruptcies 772.00 615.00 1123.00 217.00 Companies [+]
Corporate Profits 93026.00 91428.00 93026.00 12032.00 AUD Million [+]
Total Vehicle Sales 117817.00 92561.00 130300.00 48099.00 [+]
Car Registrations 14330.43 14078.57 14330.43 3990.94 Thousand [+]
Leading Economic Index -0.10 -0.08 0.54 -1.10 percent [+]
Small Business Sentiment -4.92 -1.60 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 52.00 51.00 57.20 50.90 Index Points [+]
Private Investment -1.70 1.30 15.60 -8.60 percent [+]
Mining Production 3.20 6.80 25.20 -16.90 percent [+]
Steel Production 493.54 472.14 819.00 238.00 Thousand Tonnes [+]
Services Sentiment 52.60 51.50 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 52.50 51.50 58.30 49.10 Index Points [+]
Business Inventories 0.70 0.00 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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
93026.00 91428.00 93026.00 12032.00 1994 - 2019 AUD Million Quarterly
Current Prices, SA




Country Last Previous
China 2379020.00 May/19
United Kingdom 115312.00 Mar/19
Australia 93026.00 Mar/19
Canada 85116.00 Mar/19
Japan 22244.02 Mar/19
Russia 5454.50 Apr/19
United States 2012.30 Mar/19
Germany 192.10 Mar/19


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