澳新银行澳大利亚招聘广告在2025年7月环比下降1.0%，扭转了上个月下调后的1.6%的增长，这是今年迄今为止的第四次下降。这也是自2月以来最大的月度跌幅，表明劳动力市场状况逐渐缓解。教育和零售业拖累了整体数据，部分抵消了上月的涨幅。澳新银行经济学家Aaron Luk表示：“尽管如此，我们的招聘广告系列中的高水平表明劳动力市场不太可能大幅放松。”。“该系列仍处于114-117的狭窄范围内，自2024年中期以来基本呈横向走势。”每年，招聘广告仅增长0.1%，但仍比疫情前水平高出14.4%。

ANZ-Indeed Australian Job Ads declined by 1.0% month-on-month in July 2025, reversing a downwardly revised 1.6% gain in the previous month and marking the fourth time of decrease so far this year. It was also the sharpest monthly drop since February, pointing to a gradual easing in labour market conditions. Education and retail sectors weighed on the headline figure, partially offsetting gains from the previous month. “Still, elevated levels in our job ads series suggest a substantial loosening of the labour market is unlikely,” said ANZ economist Aaron Luk. “The series remains in a narrow 114–117 range and has largely tracked sideways since mid-2024.” On a yearly basis, job ads rose just 0.1%, but remained 14.4% above pre-pandemic levels.

2025年6月，澳大利亚家庭支出环比增长0.5%，5月小幅增长1.0%，标志着连续第二个月增长。多个类别的支出有所上升，包括服装和鞋类（1.6%对3.7%）、家具（2.0%对0.6%）、娱乐（1.0%对0.5%）以及杂项商品和服务（0.6%对1.3%）。从地区上看，八个州和地区中的七个州的支出有所增加，包括北领地（1.3%）、新南威尔士州（1.1%）和塔斯马尼亚州（0.8%）。按年度计算，个人支出增长了4.8%，这是自2024年1月以来最强劲的年度增长。

Household spending in Australia grew by 0.5% month-over-month in June 2025, following a marginally higher 1.0% increase in May, marking the second consecutive month of growth. Expenditures rose in several categories, including clothing and footwear (1.6% vs 3.7%), furnishings (2.0% vs 0.6%), recreation (1.0% vs 0.5%), and miscellaneous goods and services (0.6% vs 1.3%). Regionally, expenditure increased in seven of the eight states and territories, including the Northern Territory (1.3%), New South Wales (1.1%), and Tasmania (0.8%). On an annual basis, personal expenditures climbed by 4.8%, marking the strongest yearly growth since January 2024.

标准普尔/澳交所200指数周二上涨0.8%，至8730点，此前一个交易日表现疲软，投资者热切期待澳大利亚储备银行下周的货币政策决定。人们越来越期待央行降息25个基点，这将使8月12日的政策会议上的现金利率降至3.60%。随着6月份核心通胀率降至2.7%，宽松政策的理由越来越充分，远低于澳大利亚储备银行的2-3%目标。此外，失业率上升和工资增长放缓进一步提振了预期，市场预计降息的可能性接近95%。在数据方面，综合采购经理人指数攀升至2022年4月以来的最高水平，这得益于服务业的加速和制造业活动的恢复增长。矿业股继续表现强劲，必和必拓集团上涨1.1%，力拓集团上涨0.9%，Fortescue有限公司上涨1%。

The S&P/ASX 200 rose 0.8% to 8,730 on Tuesday, following a subdued performance in the previous session, as investors eagerly await the Reserve Bank of Australia's monetary policy decision next week. Expectations are growing for a 25 bps cut by the central bank, which would bring the cash rate down to 3.60% at its policy meeting on August 12. The case for easing has grown stronger as core inflation slowed to 2.7% in June, well within the RBA’s 2–3% target. Additionally, rising unemployment and weaker wage growth have further boosted expectations, with markets pricing in a near-95% chance of a rate cut. On the data front, the Composite PMI climbed to its highest level since April 2022, supported by an acceleration in the services sector and a return to growth in manufacturing activity. Mining stocks continued to perform strongly, with BHP Group rising 1.1%, Rio Tinto up 0.9%, and Fortescue Ltd advancing 1%.

标准普尔全球澳大利亚综合采购经理人指数从6月的51.6升至7月的53.8，标志着自2022年4月以来私营部门活动的最强劲扩张。这是连续第十个月增长，主要是由于服务业活动加速增长和制造业产出恢复增长。尽管出口业务持续下滑，但新订单也有所增加。公司通过加快招聘速度来应对不断增加的工作量，有助于减少积压。成本通胀加速，需求强劲导致平均销售价格近两年来增长最快。尽管面临这些压力，但整体商业情绪仍然乐观，尽管信心跌至八个月低点。

The S&P Global Australia Composite PMI rose to 53.8 in July from 51.6 in June, marking the strongest expansion in private sector activity since April 2022. This was the tenth consecutive monthly increase, driven by a faster rise in services activity and a return to growth in manufacturing output. New orders also picked up, although export business continued to decline. Firms responded to rising workloads by hiring at a quicker pace, helping to reduce backlogs. Cost inflation accelerated, and stronger demand led to the fastest increase in average selling prices in nearly two years. Despite these pressures, overall business sentiment remained positive, though confidence slipped to an eight-month low.