The AVAA Australian Economic Snapshot and AVAA Reserve Bank Statement on Monetary Policy Summary for August 2026 show an economy continuing to expand, although inflation remains elevated and growth is expected to moderate. AVAA’s latest economic reports highlight the indicators and monetary policy trends shaping business confidence, household spending, asset markets and auction activity across the nation.

The AVAA Australian Economic Snapshot – August 2026 highlights continued economic expansion, with annual growth of 2.5 per cent supported by a resilient labour market. Unemployment stands at 4.4 per cent, employment is growing by 1.7 per cent and wages are increasing by 3.3 per cent. Inflation remains elevated at 3.8 per cent, while the Reserve Bank of Australia (RBA) has maintained the cash rate target at 4.35 per cent. The household saving ratio has risen to 6.2 per cent and average weekly earnings have reached $1,562.40. Internationally, China is growing by 4.3 per cent compared with 1.7 per cent across G7 economies.

Complementing these indicators is the AVAA Reserve Bank Statement on Monetary Policy Summary – August 2026. The report highlights restrictive financial conditions, subdued growth and inflationary pressures. Middle East conflict has disrupted energy production and shipping, contributing to volatile oil and commodity prices. The RBA forecasts GDP growth will slow to 1.4 per cent by the end of 2026, while unemployment is expected to rise to 4.8 per cent by the end of 2028.

AVAA Resources For Valuers & Auctioneers —

◾ AVAA Australian Economic Snapshot – August 2026 (PDF)
◾ AVAA Composition of the Australian Economy – August 2026 (PDF)

Beyond the headline indicators, the reports provide context for professional valuers and auctioneers operating across fine art, antiques, collectables, motor vehicles, machinery and equipment. Trends in inflation, wages, household savings, borrowing costs and confidence help explain the economic forces influencing asset values, buyer demand and auction market conditions throughout Australia.

For certified valuers, these statistics provide useful background when interpreting market evidence and understanding the broader influences affecting demand, replacement costs and pricing. Similarly, certified auctioneers benefit from greater insight into household finances, employment conditions and confidence levels that shape bidding activity.

Published monthly, these resources form part of AVAA’s commitment to providing AVAA Certified Valuers (CVAu) and AVAA Certified Auctioneers (CAAu) with practical information that supports informed decision-making and a deeper understanding of the economic environment in which they operate.

.

Interested In Finding Out More?

If you’re interested in AVAA’s resources for certified valuers and auctioneers, send an email to membership@avaa.com.au or telephone 1300 928 165.  You can also stay up to date by following AVAA on LinkedIn, X/Twitter and Facebook.
.