The manufacturing sector in Australia continued to expand in June, and at a faster rate, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 51.2.
That's up from 50.7 in May and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.
While output neared stabilization during June, the picture for new orders was less positive as new business decreased solidly again over the month. New orders have fallen continuously since March. A number of respondents linked the latest fall in new business to market uncertainty. New export orders also decreased again at the end of the second quarter.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.