Business turnover rose 2.9 per cent in July in seasonally adjusted terms, according to figures released today by the Australian Bureau of Statistics (ABS).
Robert Ewing, ABS head of business statistics, said: 'The rise was the largest since May 2022, with growth in turnover seen across all industries.
'The Electricity, gas, water and waste division grew 15.8 per cent due to a surge in wholesale electricity and gas prices. This division is now at a record high, breaking the previous record set in August 2022.
'Other notable industry rises were in Professional, scientific and technical services, up 4.6 per cent, Manufacturing 4.2 per cent and Construction 3.8 per cent.'
| June 2025 to July 2025 (%) | July 2024 to July 2025 (%) | |
|---|---|---|
| Electricity, gas, water and waste services | 15.8 | 16.2 |
| Professional, scientific and technical services | 4.6 | 6.3 |
| Manufacturing | 4.2 | 13.2 |
| Construction | 3.8 | 6.0 |
| Arts and recreation services | 3.2 | 6.2 |
| Other services | 2.7 | 7.0 |
| Accommodation and food services | 2.5 | 10.5 |
| Transport, postal and warehousing | 2.0 | 7.5 |
| Mining | 1.5 | -1.7 |
| Wholesale trade | 1.5 | 5.3 |
| Administrative and support services | 1.3 | 3.9 |
| Retail trade | 1.0 | 5.0 |
| Information media and telecommunications | 1.0 | 9.0 |
| 13-industry aggregate | 2.9 | 6.3 |
Business turnover was 6.3 per cent higher than in July 2024, with 12 of the 13 industries reporting rises over the year.
The industries that saw the largest annual rises were Electricity, gas, water and waste services (+16.2 per cent), and Manufacturing (+13.2 per cent).
The only industry with an annual fall was Mining (-1.7 per cent).
In trend terms, the 13-industry aggregate showed a 0.3 per cent rise in business turnover in July.
