Australian Market Bulletin (November 28, 2025 to December 5, 2025)

The Vietnam Trade Office in Australia has compiled and sent the Australian Market Bulletin for the week of November 28, 2025 to December 5, 2025 for businesses and the public to refer to.

1. The Australian economy is projected to grow by 0.4% in the third quarter of 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 was 2.1%.

(Chart of Australian economic growth by quarter)

Growth in Q3 2025 was supported by growth in domestic factors, especially private investment and household spending. Meanwhile, imports and exports contributed significantly due to imports growing faster than exports. GDP per capita remained unchanged in the past quarter but increased by 0.4% compared to the end of September 2024.

2. Australian goods exports continued to increase in October 2025.

According to data from the Australian Bureau of Statistics (ABS), Australia's merchandise imports and exports in October 2025 continued to recover compared to the previous month, with merchandise exports reaching AUD 45.997 billion, an increase of AUD 1.49 billion, or 3.4%, compared to the previous month, mainly driven by exports of non-monetary goods.

(Image: Chart of Australia's merchandise exports by month)

Conversely, Australia's merchandise imports in October 2025 also recorded a 2% increase compared to the previous month, reaching AUD 41.592 billion. The trade surplus in October 2025 reached AUD 4.385 billion, a significant increase from AUD 2.8 billion in the previous month.

3. Woolworths is accused of exploiting affordable housing programs to promote new development projects.

Woolworths, one of Australia's largest retailers, is accused of exploiting the New South Wales and Victoria state governments' fast-track property development programs to promote new supermarket and apartment projects. These programs allow developers to bypass certain local regulations and seek state approval if their projects incorporate elements supporting affordable housing; however, this practice 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 efforts to penetrate the Australian residential property market.

4. The population of Queensland is projected to grow significantly despite rising home prices.

A recent data analysis by auditing firm KPMG forecasts that the population of South East Queensland, Australia, is expected to reach 4.5 million by 2032 – the year Brisbane hosts the Olympic Games – and increase to approximately 5 million by 2036.

(Illustrative image: A view of Brisbane city, Queensland)

Population growth in this region has increased by 2.2% over the past year, higher than the national average of 1.5%, despite rising house prices in these areas. According to KPMG urban economist Terry Rawnsley, the majority of the population migrates from expensive cities like Sydney and Melbourne, driving up property prices in inner-city and surrounding Brisbane, forcing new homebuyers to choose locations further from the city center.

5. Customers of the Australian telecommunications provider Opticomm were affected by the outage.

Customers of private telecommunications provider Opticomm in Australia have recently experienced frequent internet outages, with some losing access to free television. The suspension of free television service is part of Opticomm's new policy, which is expected to affect around 50,000 customers; while the internet outages are technical issues and impact a larger number of customers.

(Image: Opticomm customers unable to access free television service)

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

6. Australian mining company collaborates with Chinese partner to develop advanced steelmaking technology.

Australian mining company Fortescue is collaborating with a subsidiary of China's Baowu Group, one of the world's largest steel producers, to develop technologies that will help reduce carbon emissions in the steel industry.

(Photo: Fortescue, an Australian company)

Accordingly, the agreement, reached by both parties at the end of November 2025, concerns cooperation in a 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 pilot line with advanced technology capable of large-scale production.

7. Vietnam and Western Australia expand new pillars of cooperation.

Recently in Perth, the Consulate General of Vietnam, in collaboration with the Asia Centre – University of Western Australia (UWA), the Vietnam Australian Intellectuals and Professionals Association (VASEA), and the Vietnam Australian 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 Vietnamese Government, led by Permanent Deputy Minister Nguyen Minh Vu, included four Deputy Ministers from the Ministries of Science and Technology; Education and Training; Agriculture and Environment; and Finance, as well as officials from several other ministries and agencies. 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 exchanging views at the forum)

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

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

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Source: Vietnam Trade Office in Australia

Tags: Australian market

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