Australia
Oceania · Australian dollar (AUD) · 27.6 million people
Inflation
4.0%
▲ 0.5 pt since July · Aug 2026
Cash rate
4.35%
No change since May 2026
GDP per person
US$65,130
2025
Inflation and the cash rate
Inflation was 4.0% in Aug 2026, up from 3.5% in July. The cash rate has been 4.35% since May 2026.
Monthly, consumer prices year on year.
Exchange rates
Closing rates on 6 Oct 2026. Changes are over 30 days.
A$1 in US dollars
0.6965
▼ −3.1%
A$1 in euros
0.6198
▲ +0.2%
A$1 in pounds
0.5259
▼ −1.1%
A$1 in yen
110.1
▼ −2.2%
A$1 in yuan
4.667
▼ −3.3%
A$1 in rupees
67.06
▼ −1.3%
Moves are neutral, so they're shown in ink with ▲/▼. All exchange rates
Cost of living
Minimum wage
Monthly, full time · 2024
$4,023 a month
about US$2,802
Average annual wage
2025 · US dollars at purchasing power parity
US$72,000
Median household disposable income
2020
$55,900 a year
Wages and income are OECD figures. Minimum wage from ILOSTAT.
Economy at a glance
GDP per person at PPP
2025 · international dollars
US$71,900
Population
2025
27.6 million
▲ 1.5% vs 2024
Sources and method
Figures from the OECD, the Bank for International Settlements, the World Bank and ILOSTAT. Exchange rates are daily rates from the European Central Bank and other central banks, via Frankfurter. For guidance only. Read the disclaimer
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