Company Operating Profits - Australia

The profits of Australian companies after all expenses have been accounted for. Company Operating Profits is an important indicator of economic health as positive profits allow firms to re-invest to increase efficiency and expand output. Higher profits also suggest stronger demand and productivity and therefore a better overall economic outlook.

The headline number is the percentage change in quarterly Company Operating Profits from that of the previous quarter.

Relevance : Rarely affects markets
Release schedule : 1:30 (GMT); quarterly, data released three months after the reported quarter.
Source of report : Australian Bureau of Statistics
Web Address : http://www.abs.gov.au/
Address of release : http://www.abs.gov.au/ausstats/abs%40.nsf/mf/5676.0

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