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Will Australia avoid the fallout from Trump's tariffs? Here's what economists expect.

There's about a week to go until the RBA meets, but it may well be tariffs that continue to take the economic spotlight.

The RBA meets in a week and speculation will continue to increase about election timing. Shutterstock.

With only a week to go until the Reserve Bank meets for its much-anticipated February rate meeting, the focus will turn to federal politics and new information on home lending. But don't expect US President Donald Trump's tariffs to be far from the headlines for long.

Here’s what you need to know about the key economic data releases this week.

New numbers

The data: Monthly Business Turnover Indicator, December 2024, Australian Bureau of Statistics

When: Monday 10 February 2025

More to watch: Counts of Australian Businesses, including Entries and Exits, data is updated on Tuesday. NAB will release its January business survey on Tuesday.

The data: Lending Indicators, December quarter 2024, Australian Bureau of Statistics. First release of the quarterly series, replacing monthly figures.