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Forward Guidance

Albanese set for press club speech as G7, high stakes Trump meeting loom

Policymakers are due to get a glimpse of how household spending is holding up as rates are cut but global uncertainty looms large.

Jennifer Duke
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Prime Minister Anthony Albanese is under pressure to secure a deal with the US as other nations see tariffs lifted. AAP Image/Lukas Coch.

Prime Minister Anthony Albanese is due to deliver a significant National Press Club speech as the G7 in Kananaskis, Canada, and a likely meeting with US President Donald Trump later this month draws ever closer.

The Labor government is already grappling with lacklustre economic figures from last week's national accounts. New data this week will show how households and businesses are faring now that interest rates are in decline, but as volatility increases in the global economy.

Here’s what you need to know about the key economic data releases this week, following the King's Birthday on Monday.

New numbers

The data: Monthly Business Turnover Indicator, April 2025, Australian Bureau of Statistics

When: Tuesday 10 June 2025

The data: Total value of dwellings, March quarter 2025, Australian Bureau of Statistics