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flag Australia's business growth slowed in September 2025 due to weaker global demand and trade tensions, despite ongoing expansion.

flag Australia's business activity slowed in September 2025, with the composite PMI dropping to 52.1 from 55.5, marking the 12th straight month of expansion but a notable cooling. flag Manufacturing and services PMIs fell to 51.6 and 52.0, respectively, driven by weaker new orders, particularly from overseas markets affected by U.S. tariffs. flag Export demand declined, with manufactured goods orders falling sharply, while business confidence reached a one-year low. flag Despite ongoing growth above the 50 threshold, concerns over global trade tensions, softening domestic demand, and rising input costs persist. flag The Australian dollar rose slightly, influenced by interest rates, iron ore prices, and China’s economic health.

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