EOFY, Cotality's property prices to headline the final week before the RBA's next meeting
Economists will be watching how the property market has responded to the May rate cut, while fund managers will be closing off their books for the financial year.
New property price data will be a focal point this week as economists sharpen their predictions for the upcoming July meeting of the Reserve Bank board and the implications of a possible rate cut.
Here’s what you need to know about the key economic data releases this week as the new financial year begins.
New numbers
The data: Retail trade, May 2025, Australian Bureau of Statistics
When: Wednesday 2 July 2025
What to expect: April was a soft month for retail sales and the market expectation is for a 0.2% lift over May.
ANZ analysts expect a 0.3% rise over the month, which would reflect a “modest recovery” anticipated in clothing sales and a continued upwards trend for food-related spending. AMP is at 0.7%.
