Australian Market News (28/11/2025 to 5/12/2025)

1. Australian economy grows 0.4% in Q3/2025

The Australian Bureau of Statistics (ABS) has just released Australian economic data, according to which, GDP growth in the third quarter of 2025 reached 0.4%; compared to the same period in 2024, the growth rate reached 2.1%.

(Australian economic growth chart by quarter)

Growth in the third quarter of 2025 was supported by domestic factors, especially private investment and household spending. Meanwhile, exports and imports contributed a lot as imports increased faster than exports. GDP per capita was unchanged in the last quarter but increased by 0.4% compared to the end of September 2024.

2. Australia's goods exports in October 2025 continued to increase

According to data from the Australian Bureau of Statistics (ABS), Australia's goods imports and exports in October 2025 continued to recover compared to the previous month, in which the value of goods exports reached 45.997 billion AUD, an increase of 1.49 billion AUD, equivalent to 3.4% compared to the previous month, mainly thanks to the export of non-monetary goods.

(Photo: Chart of Australia's merchandise export turnover by month)

On the other hand, Australia's import value of goods in October 2025 also recorded an increase of +2% compared to the previous month, reaching 41.592 billion AUD. The trade surplus in October 2025 reached 4.385 billion AUD, a sharp increase compared to 2.8 billion AUD the previous month.

3. Woolworths accused of using affordable housing programs to promote new developments

Woolworths, one of Australia’s largest retailers, has been accused of exploiting the New South Wales and Victorian governments’ fast-track property development programs to push through new supermarket and apartment projects. The programs allow developers to bypass some local regulations and seek state government approval if their projects include affordable housing support elements; however, this is strongly opposed by local councils.

(Photo: A Woolworths real estate project in the suburbs of Melbourne)

Woolworths is currently planning to build at least 10 new developments across the country, including supermarkets and apartment complexes, as part of the retailer's push into the Australian residential property market.

4. Queensland's population forecast to grow strongly despite rising house prices

A recent data analysis by accounting firm KPMG forecasts the population of South East Queensland is expected to reach 4.5 million by 2032 - when Brisbane hosts the Olympic Games - and grow to around 5 million by 2036.

(Illustration: A corner of Brisbane city, Queensland state)

The region’s population grew by 2.2% over the past year, higher than the national average of 1.5%, despite rising house prices. According to urban economist Terry Rawnsley of KPMG, the majority of the population migrates from expensive cities such as Sydney and Melbourne, causing house prices in inner-city and surrounding areas of Brisbane to increase, forcing new homebuyers to choose locations further away from the city centre.

5. Australian telecoms network Opticomm customers affected by connectivity outages

Customers of private telecommunications provider Opticomm in Australia have been experiencing frequent internet outages, with some losing access to free TV. The suspension of free TV is part of a new policy by Opticomm, which is expected to affect around 50,000 customers; while the internet outage issues are technical and affect a larger number of customers.

(Photo: Opticomm customers cannot access free TV service)

According to experts, these incidents further erode Australian consumers' trust in the services of telecommunications companies in this country when previously, millions of customers of Optus (one of the largest network operators in Australia) also faced serious loss of telecommunications and internet service connection.

6. Australian mining company partners with Chinese partner to develop advanced steel production technology

Australian minerals company Fortescue is partnering with a subsidiary of China's Baowu Group, one of the world's largest steelmakers, to develop technology that will help reduce carbon emissions in the steel industry.

(Photo: Fortescue Company of Australia)

Accordingly, the agreement was agreed by both sides at the end of November 2025 regarding cooperation in the project to develop a new technology to reduce carbon dioxide emissions in steel production. This cooperation also includes the design, construction and operation of an industrial test line with advanced technology that can produce on a large scale and capacity.

Vietnam – Western Australia expand new pillar of cooperation

Recently in Perth, the Consulate General of Vietnam in collaboration with the Asia Center - University of Western Australia (UWA), the Association of Vietnamese-Australian Intellectuals and Experts (VASEA) and the Vietnam-Australia Talent Network (AVTN), organized the Western Australia - Vietnam Forum: Strengthening Science & Technology Cooperation for a Sustainable Future.

The high-level inter-ministerial delegation of the Government of Vietnam was led by Permanent Deputy Minister Nguyen Minh Vu, together with four Deputy Ministers from the Ministries of Science and Technology; Education and Training; Agriculture and Environment; and Finance and officials from several ministries and sectors. On the Australian side, the Forum was attended by Professor Tim Colmer, Permanent Vice-Chancellor of UWA; Professor Raymond da Silva Rosa, Director, UWA Asia Centre; Mr. Guy Harris, Curtin University; Associate Professor Lien Duong, Vice President of VASEA; and Ms. Hannah Vu, President of AVTN.

(Photo: Speakers discussing at the forum)

The Forum is not only an opportunity for academic exchange but also plays an important role as a bridge, helping managers, researchers and businesses of the two countries better understand the capacity, strengths and needs of their partners; thereby enhancing understanding of the needs, capacities and development priorities of each side; highlighting Western Australia's strengths in research, technological innovation and university-business cooperation; supporting Vietnamese leaders in identifying new pillars of cooperation in the context of the two countries promoting science-technology cooperation and innovation.

The success of the Western Australia – Vietnam Forum once again affirms that science – technology, innovation and green economy will be new and promising pillars of cooperation in Vietnam – Australia relations.

Source: https://moit.gov.vn/tin-tuc/ban-tin-thi-truong-uc-tu-28-11-2025-den-5-12-2025-.html

Comment (0)