QLD final demand grew 3.3% in the year to June 2026
State Final Demand in Queensland totalled $545.9bn in the year to June 2026, with the June quarter at $138.3bn. Annual growth of 3.3% sits above the 10-year average of 3.0%, and per capita output reached $95,111 with growth of 1.7%. Growth is 0.2pp ahead of Australia's 3.1%. The unemployment rate in Queensland stands at 4.53% as at September 2026, below the 10-year average of 5.10% and 0.2pp below Australia's 4.7%. Employment rose 1.3% over the year to 3.04 million persons, against 10-year average growth of 2.7%. Full-time employment grew 3.3%, while unemployed persons rose 10.5%. Against the other states, QLD ranks state final demand growth equal 3rd highest of 8 states (2026-Jun) and unemployment rate 3rd lowest of 6 reporting (2026-Sep).
Cash rate and bond yields, exchange rates and commodities, and equities and superannuation are national series with no state breakdown — see the Australia page.
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The Queensland economy this week
5 key pointsQLD output grew 3.3%, while inflation of 4.4% sits above the RBA band
Queensland's output grew 3.3% against Australia's 3.1%, and population rose 1.6%, equal second-fastest of eight states and territories. Dwelling approvals climbed 18.6%, though completions sit 5.9% below their 10-year average. Unemployment of 4.53% is below its 10-year average of 5.10%. Median rent growth of 7.3% sits 2.0pp above Australia's 5.3%. Inflation of 4.4% remains above the RBA's 2-3% band, and real wages fell 0.6 percentage points over the year to June 2026.
1
Final demand grew 3.3% in the year to June 2026, 0.2pp ahead of Australia's 3.1% and equal third-fastest of eight states and territories.
2
The unemployment rate was 4.53% in September 2026, 0.2pp below Australia's 4.7% and third-lowest of six reporting states, though it rose 0.21pp over three months.
3
Capital city house prices rose 18.8% in the year to June 2026, against Australia's 5.5%, though they fell 0.4% in the June quarter.
4
Inflation was 4.4% in the year to September 2026, 0.1pp above Australia's 4.3% and third-slowest of eight states and territories.
5
Median rent growth reached 7.3% in the year to June 2026, 2.0pp above Australia's 5.3% and second-highest of five reporting states.
What X is saying about the Queensland economy
6 recent postsQUEENSLAND: A builder just lost control of its own company
Swallowtail Projects entered liquidation on 22 October. Liquidator Nicholas Lancaster is now in charge, and the notice names zero creditors, sites or dollar figures.
What happens to its open jobs now? https://t.co/PInsj
BRISBANE: Logan's 3-lot block just became 141
Logan City Council approved the subdivision on 23 October, 11 months after it was lodged, in the Chambers Flat Road growth corridor.
Civil works and titles still have to clear before any of those lots can sell. https://t.co/wdTrZQ5R
Torrential rain failed to stop the 2026 GC 500 delivering more than $50m to the Gold Coast economy, as leaders eye a potential IndyCar return to the city. #GoldCoast @GCS_Pottsy
See the full gallery and vote in our poll: ➡️ https://t.co/BF7YJFRLws https://t.co/SOSuVVFMo3
Rio Tinto has approved a $1.9bn investment in the Kangwinan bauxite project on Queensland’s western Cape York Peninsula. The project will add 20m tonnes of annual capacity, with first output targeted for 2029 and full production by 2032.
It will replace output from the ageing h
$66,000 wiped off Brisbane house prices in 90 days
Brisbane house prices have suffered their worst quarterly fall on record as rate hikes, investor tax changes and affordability pressures hit the property market.
Brisbane is now one of Australia’s worst-performing housing
BRISBANE: $1.5 billion plan would swap a low-rise strip for a 25-storey tower
The Cannon Hill masterplan for Wynnum Road proposes more than 1,000 apartments. Council has not yet ruled on height or density.
Is 25 storeys too tall for Cannon Hill, or exactly what it needs? https:
Posts about the Queensland economy from the last 14 days, collected 29 Oct 2026. Each post was matched to its own X status ID before publication. Views are the authors' own.
Economy
GDP & Economic Output
State Final Demand
$545.9bn
+3.3%
Australia $2,753.8bn (+3.1%)
QLD as at 2026-Jun
State Final Demand per Capita
$95,111
+1.7%
Australia $98,629 (+1.6%)
QLD as at 2026-Jun
QLD final demand grew 3.3% in the year to June 2026
State Final Demand in Queensland totalled $545.9bn in the year to June 2026, with the June quarter at $138.3bn. Annual growth of 3.3% sits above the 10-year average of 3.0%, and per capita output reached $95,111 with growth of 1.7%. Growth is 0.2pp ahead of Australia's 3.1%.
State Final Demand in Queensland totalled $545.9bn in the year to June 2026, with the June quarter at $138.3bn. Annual growth of 3.3% sits above the 10-year average growth of 3.0%. Growth has picked up from 2.9% a quarter earlier and 2.5% a year earlier, and the June quarter itself rose 1.1%, against a rise of 0.5% in the same quarter a year earlier.
Per capita State Final Demand reached $95,111 per person annually in June 2026, growing 1.7% over the year, up from 1.2% a quarter earlier. While headline output grew 3.3%, per person output grew 1.7%, as population growth of 1.6% over the year to March 2026 absorbed much of the gain. The June quarter per capita figure of $24,092 is its highest level in five years and sits 6.7% above its 10-year average of $22,583.
Queensland's 3.3% growth sits equal third-fastest of the eight states and territories, level with New South Wales and behind South Australia's 3.7%. Per person, growth of 1.7% ranks third-fastest and sits 0.1pp above Australia's 1.6%. Nationally, State Final Demand grew 3.1%. Queensland is compared on State Final Demand, as GDP is not published by state.
QLD against the other states
3
State Final Demand growth — Equal 3rd highest of 8 states
at 3.3% (2026-Jun)
3
State Final Demand per Capita growth — 3rd highest of 8 states
at 1.7% (2026-Jun)
States are compared on State Final Demand. GDP by state is not published - national GDP is on the Australia page.
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Population & Migration
Population
5,739,461
+1.6%
Australia 27,921,150 (+1.4%)
QLD as at 2026-Mar
Net Overseas Migration
55,217
-1.3%
Australia 292,137 (-5.6%)
QLD as at 2026-Mar
Net Interstate Migration
14,718
-9,601 people
QLD as at 2026-Mar
QLD population grew 1.6%, equal second-fastest of eight states and territories
Queensland's population reached 5.7 million as at March 2026, growing 1.6% over the year, below the 10-year average growth of 1.7%. Overseas migration added 55.2k persons, above its 10-year average of 39.2k, while interstate migration produced a net gain of 14.7k persons, down 9,601 on the year.
Queensland's population was 5,739,461 persons, or 5.7 million, as at March 2026, a rise of 1.6% over the year. That is below the 10-year average growth of 1.7%. Growth has slowed from 1.8% a year earlier and 1.7% a quarter earlier. The March quarter itself added 0.5%, matching the same quarter a year earlier.
Overseas migration added 55.2k persons over the year to March 2026, down 1.3% on the year, and sits above its 10-year average of 39.2k (+40.8%). It has fallen 38.7% from its September 2023 high of 90.1k. Natural increase, births minus deaths, added 20.4k persons, up 2.5% but 23.9% below its 10-year average of 26.8k. Interstate migration recorded a net gain of 14.7k persons, against a 10-year average of 26.2k.
Queensland's 1.6% population growth sits level with Victoria and behind Western Australia's 2.1%, and 0.2pp ahead of Australia's 1.4%. Net interstate migration per 1,000 residents ranks second-highest of eight states and territories at 2.6, behind Western Australia's 3.3 per 1,000. The Northern Territory recorded a net loss of 5.9 per 1,000. Australia-wide, interstate migration nets to zero.
QLD against the other states
2
Population growth — Equal 2nd highest of 8 states
at 1.6% (2026-Mar)
2
Net Interstate Migration per 1,000 People — 2nd highest of 8 states
at 2.6 per 1,000 (2026-Mar)
Net interstate migration is ranked per 1,000 residents so it is not simply a ranking of state size. Australia-wide it nets to zero.
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Property
Development Activity
Dwelling Approvals (rolling year)
48,470
+19.9%
Australia 208,219 (+7.5%)
QLD as at 2026-Sep
Dwelling Approvals per 1,000 People
8.4 per 1,000
+16.7%
Australia 7.5 per 1,000 (+7.1%)
QLD as at 2026-Sep
QLD dwelling approvals rose 18.6%, against Australia's 9.5%
Dwelling approvals reached 47,782 in the year to August 2026, up 18.6% and 23.6% above the 10-year average of 38.6k. Commencements rose 26.0% to 45,900 in the year to June 2026, but completions of 34,500 sit 5.9% below their 10-year average of 36.7k.
Dwelling approvals totalled 47,782 in Queensland in the year to August 2026, a rise of 18.6% and 23.6% above the 10-year average of 38.6k. Per 1,000 population, approvals stood at 8.3, above the 10-year average of 7.4. Growth has eased from 22.8% a quarter earlier, although the rolling total still rose 2.1% in the August quarter, compared with 5.7% in the same quarter a year earlier.
Approvals of 47,782 sit 23.6% above their 10-year average, and commencements of 45,900 in the year to June 2026 sit 18.9% above their 10-year average of 38.6k. Completions of 34,500 sit 5.9% below their 10-year average of 36.7k, although the rolling total rose 4.7% in the June quarter. Houses accounted for 27.6k approvals and attached dwellings 20.2k, with attached approvals up 26.6% on the year against 13.3% for houses.
Approvals per 1,000 people of 8.3 sit 0.8pp above Australia's 7.5 and equal second-highest of eight states and territories, with Western Australia highest at 8.6 per 1,000. Approvals growth of 18.6% ranks third-fastest, against Australia's 9.5%, while Victoria recorded 2.3%. Commercial approvals rose 9.0% over the year to August 2026, with retail up 23.1% and office down 5.7%.
QLD against the other states
2
Dwelling Approvals (rolling year) growth — 2nd highest of 8 states
at 19.9% (2026-Sep)
3
Dwelling Approvals per 1,000 People — Equal 3rd highest of 8 states
at 8.4 per 1,000 (2026-Sep)
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Housing Market
Capital City House Price
$1.16m
+18.8%
Australia $1.09m (+5.5%)
QLD as at 2026-Jun
Regional House Price
$800k
+10.1%
Australia $745k (+8.9%)
QLD as at 2026-Jun
QLD capital house prices up 18.8%, but down 0.4% in June quarter
The Queensland capital city median house price reached $1.16m in June 2026, up 18.8% over the year, well above 10-year average growth of 8.8% and Australia's 5.5%. It fell 0.4% in the June quarter. Capital city houses are priced at 10.43 times household income, against a 10-year average of 8.64.
The median house price in Queensland's capital city reached $1.16m in June 2026. It fell 0.4% in the June quarter, although it remains 18.8% higher than a year earlier, and the quarter follows a 5.2% rise in March 2026. That annual growth compares with average annual growth of 8.8% over the past decade, and equal second-fastest growth of eight states and territories. Regional house prices reached $800,000, down 3.0% in the June quarter but 10.1% higher on the year.
Capital city houses are priced at 10.43 times annual household income, above the 10-year average of 8.64 (+20.8%), a severely unaffordable band. Attached dwellings in the capitals sit at 7.49, seriously unaffordable and above their 10-year average of 6.08. Regional houses at 7.22 times income are more affordable than capital houses, although above their 10-year average of 6.59, and the regional house multiple fell 4.5% in the June quarter.
House sales in capital cities totalled 35.8k over the year to June 2026, down 5.3% on the prior year and 4.0% below the 10-year average of 37.3k. Regional house sales of 45.0k fell 7.6% on the year. House sales in the June quarter were below the same quarter a year earlier, and attached sales in capital cities fell 6.4% over the year.
QLD against the other states
2
Capital City House Price growth — Equal 2nd highest of 8 states
at 18.8% (2026-Jun)
4
Regional House Price growth — 4th of 7 reporting
at 10.1% (2026-Jun)
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Housing Finance
Housing Finance Commitments
$21.8bn
+11.1%
Australia $99.0bn (+6.6%)
QLD as at 2026-Jun
New-Build Share of Lending
18.4%
+2.0pp
Australia 18.2% (+2.1pp)
QLD as at 2026-Jun
QLD housing finance commitments up 11.1%, against Australia's 6.6%
Housing finance commitments totalled $21.8bn in June 2026, up 11.1% on the year, 4.5pp ahead of Australia's 6.6%. Investors account for 39.7% of new lending, above their 10-year average share of 32.0%. New builds captured 18.40% of dwelling purchase lending, above the average since 2019 of 17.26%.
Housing finance commitments totalled $21.8bn in June 2026, up 11.1% on the year. The June quarter rose 4.7%, below the usual June quarter rise of 13.3% and the 21.8% annual rise recorded a quarter earlier. Lending volumes are 58.8% above the 10-year average of $13.8bn, and $21.8bn sits 11.9% below the five-year high of $24.8bn in December 2025, having recovered from a five-year low of $12.0bn in March 2023.
Owner-occupier lending of $13.2bn makes up 60.3% of total lending, and investor lending of $8.7bn makes up 39.7%. Owner-occupier lending grew 10.0% over the year while investor lending grew 12.9%. Against their 10-year averages, owner-occupier growth of 7.1% and investor growth of 8.9% both sit above. Investors account for 39.7% of new lending, above the 10-year average of 32.0%, and the investor share was 39.1% a year earlier.
Lending for new builds, covering construction plus newly erected dwellings, totalled $4.0bn, and lending for existing dwellings went to $17.8bn in purchases. New builds captured 18.40% of dwelling purchase lending, above the average since 2019 of 17.26%. New-build lending grew 24.2% over the year against 8.6% for existing dwellings. Australia's new-build share is 18.2%, so Queensland sits 0.2pp above it, mid-pack among eight states and territories.
QLD against the other states
6
Housing Finance Commitments growth — 3rd lowest of 8 states
at 11.1% (2026-Jun)
4
New-Build Share of Lending — 4th of 8 states
at 18.4% (2026-Jun)
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Rental Market
Median Rent (rolling year)
$632/wk
+7.3%
Australia $633/wk (+5.5%)
QLD as at 2026-Jun
Median Rent Growth
7.3%
+2.0pp
Australia 5.5% (-0.3pp)
QLD as at 2026-Jun
Rent as a Share of Earnings
29.7%
+1.0pp
Australia 29.4% (+0.6pp)
QLD as at 2026-Jun
QLD median rent growth 7.3%, second-highest of five reporting states
Median rent in Queensland reached $632 per week on a rolling-year basis in June 2026, up 7.3%, against Australia's 5.3%. The rolling-year figure is level with Australia's $632, and rent takes 29.7% of average full-time earnings against a 10-year average of 25.23%. Market rent growth of 7.3% sits well ahead of CPI rents growth of 4.6%.
The median rent in Queensland reached $655 per week in the June quarter, with $632 on a rolling-year basis. Rolling-year growth of 7.3% is up from 6.9% a quarter earlier and 5.4% a year earlier, and sits 2.0pp above Australia's 5.3%. The June quarter median rose 3.5%, against a usual June quarter rise of 3.9%, the weakest June quarter in five years.
Capital city rents of $654 per week sit at a premium of -2.00% to the rest of the state ($657 per week), against a 10-year average of 1.16%, so the capital sits below the rest of the state on this measure. Capital rolling-year rents grew 7.7%, against 7.0% for regional rents. Three-bedroom houses had a rolling-year median of $640, while two-bedroom units reached $652, so units sit above houses on this measure.
New bonds lodged totalled 222.7k over the rolling year, up 1.6% and below the 10-year average of 233.4k (-4.6%). Median rent growth of 7.3% ranks second-highest among the five reporting states, behind Tasmania's 9.5%, with New South Wales at 5.6%. Victoria's figures are the latest published (September 2025 quarter); national figures carry Victoria forward until the state publishes. Wage growth of 3.10% and CPI all-groups inflation of 4.00% sit well behind market rent growth.
QLD against the other states
2
Median Rent Growth — 2nd highest of 5 reporting
at 7.3% (2026-Jun)
3
Rent as a Share of Earnings — 3rd lowest of 5 reporting
at 29.7% (2026-Jun)
Not in this comparison: VIC (latest 2025-Sep), NT (no data), ACT (no data). Rent series are published on different schedules by each state. Every rank here is taken at one common quarter; states without a value at that quarter are listed with their own latest period instead.
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Jobs & wages
Employment
Unemployment Rate
4.5%
+0.4pp
Australia 4.7% (+0.3pp)
QLD as at 2026-Sep
Total Employment
3.04m
+1.3%
Australia 14.78m (+1.2%)
QLD as at 2026-Sep
QLD unemployment rate 4.5%, third-lowest of six reporting states
The unemployment rate in Queensland stands at 4.53% as at September 2026, below the 10-year average of 5.10% and 0.2pp below Australia's 4.7%. Employment rose 1.3% over the year to 3.04 million persons, against 10-year average growth of 2.7%. Full-time employment grew 3.3%, while unemployed persons rose 10.5%.
The unemployment rate in Queensland stands at 4.53% as at September 2026, below the 10-year average of 5.10%, a gap of 0.58pp. The rate rose 0.02pp in the September month and 0.21pp across three months, after an August rise of 0.27pp. It is up from a five-year low of 3.26% in November 2022. Low but rising, the rate has moved back up over recent months.
Total employment stands at 3.04 million persons, up 1.3% (37,714) over the year, below the 10-year average growth of 2.7%. Full-time employment grew 3.3%, against 10-year average growth of 2.9%, with 67,832 more full-time persons over the year. Unemployed persons rose 10.5%, against a 10-year average change of -0.8%, to 144.4k, slightly above their 10-year average of 143.1k.
Queensland's 4.53% unemployment rate sits 0.2pp below Australia's 4.7% and third-lowest of six reporting states. Employment growth of 1.3% ranks second-fastest of six reporting states and is 0.1pp ahead of Australia's 1.2%, with Western Australia's 3.7% the fastest. Victoria recorded 5.0% unemployment. The Northern Territory and the Australian Capital Territory have data only to March 2026.
QLD against the other states
3
Unemployment Rate — 3rd lowest of 6 reporting
at 4.5% (2026-Sep)
2
Total Employment growth — 2nd highest of 6 reporting
at 1.3% (2026-Sep)
Not in this comparison: NT (latest 2026-Mar), ACT (latest 2026-Mar).
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Job Advertisements
Job Advertisements
151,302
+0.3%
Australia 632,452 (+0.3%)
QLD as at 2026-Sep
QLD job advertisements up 0.3%, level with Australia's pace
Job advertisements in Queensland totalled 151,302 in September 2026, up 0.3%, the same pace as Australia's 0.3%. The total sits 15.1% above its 10-year average of 131.5k, though 17.0% below its June 2023 high of 182.2k. Sales ads rose 4.0% and industrial ads 3.0%, while professional ads rose 1.1%.
Job advertisements totalled 151,302 in September 2026, 15.1% above the 10-year average of 131.5k. Job ads remain above average, despite falling 17.0% from the peak of 182.2k in June 2023. The year-on-year rise is 0.3%, and the September quarter fell 0.4%, against a fall of 2.1% in the same quarter a year earlier.
Professional job ads of 37.8k sit 10.1% above their 10-year average of 34.3k, with growth of 1.1% against average growth of 5.4%. Industrial job ads of 35.5k sit 22.6% above their 10-year average of 28.9k, with growth of 3.0% against average growth of 7.4%. Sales job ads of 8.1k sit 19.3% above their 10-year average of 6.8k, with growth of 4.0% against average growth of 4.5%.
Queensland's 0.3% job advertisement growth matches Australia's 0.3% and sits mid-pack among eight states and territories. Western Australia recorded the fastest rate at 6.8%. Job advertisements measure advertised vacancies, so the figures describe current advertising, not employment outcomes.
QLD against the other states
5
Job Advertisements growth — 5th of 8 states
at 0.3% (2026-Sep)
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Wages & Earnings
Wage Price Index
162.8
+3.4%
Australia 161.2 (+3.2%)
QLD as at 2026-Jun
Full-Time Weekly Earnings
$2,130
+4.0%
Australia $2,157 (+3.5%)
QLD as at 2026-May
QLD wages grew 3.4%, second-fastest of eight states and territories
Wages in Queensland grew 3.4% over the year to June 2026 on the Wage Price Index, 0.2pp above Australia's 3.2% and above the 10-year average wage growth of 2.8%. Full-time weekly earnings reached $2,130 in May 2026, up 4.0%. Over the year to June 2026, real wages fell 0.6 percentage points.
Wages grew 3.4% over the year to June 2026, as measured by the Wage Price Index, above the 10-year average wage growth of 2.8%. The annual rate was 3.6% a year earlier and 3.4% a quarter earlier. The June quarter rose 0.6%, against a usual June quarter rise of 0.7%.
Average full-time weekly earnings reached $2,130 per week in May 2026, and $109,949 per year for full-time workers. Weekly earnings grew 4.0%, against 10-year average growth of 3.4%. Over the year to June 2026, wages on the Wage Price Index rose 3.4% while inflation over the same twelve months was 4.0%, so real wages fell 0.6 percentage points.
Queensland's Wage Price Index growth of 3.4% sits 0.2pp above Australia's 3.2% and second-fastest of eight states and territories, behind South Australia's 3.6%. Weekly full-time earnings of $2,130 are 1.2% below Australia's $2,156, although growing 0.5pp faster than Australia's 3.5%.
QLD against the other states
2
Wage Price Index growth — 2nd highest of 8 states
at 3.4% (2026-Jun)
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Households
Household Consumption
Household Consumption
$71.7bn
+1.9%
QLD as at 2026-Jun
Household Consumption per Capita
$12,490
+0.3%
QLD as at 2026-Jun
QLD consumption per person rose 0.3% in the year to June 2026
Household consumption in Queensland totalled $71.7bn in June 2026, up 1.9% on the year, below the 10-year average growth of 2.5%. Per person consumption of $12,490 grew 0.3%, equal third-slowest of eight states and territories. Power and utilities rose 9.0%, while clothing fell 0.3% and alcohol and tobacco fell 2.0%.
Household consumption expenditure totalled $71.7bn in the June quarter 2026, up 1.9% over the year, below the 10-year average growth of 2.5%. The June quarter rose 0.5%, against a usual June quarter rise of 1.4%. The annual rate has eased from 3.3% a quarter earlier and 2.8% a year earlier. Per person consumption of $12,490 sits above its 10-year average level of $12,028 (+3.8%).
Essential categories are mixed: food grew 2.8%, above its 10-year average growth of 2.1%, and power and utilities grew 9.0%, against 1.1%. Rent and dwellings grew 1.7%, against 2.2%, health 3.7%, against 3.8%, and transport fell 0.1%, against 2.4%. All four discretionary categories grew below their 10-year averages: recreation 1.1% against 3.9%, cafes and restaurants 1.0% against 3.3%, clothing fell 0.3% against 5.3%, and alcohol and tobacco fell 2.0% against 0.1%.
Queensland's per person consumption growth of 0.3% is equal third-slowest of eight states and territories, with Tasmania at 1.5% and Victoria at 0.0%. No national comparator is published for this measure. These figures are quarterly National Accounts data, which are more comprehensive than monthly spending data.
QLD against the other states
6
Household Consumption per Capita growth — Equal 3rd lowest of 8 states
at 0.3% (2026-Jun)
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Household Spending
Household Spending
$51.2bn
+6.9%
Australia $246.9bn (+6.7%)
QLD as at 2026-Sep
Household Spending per Capita
$8,925
+6.1%
Australia $8,841 (+5.9%)
QLD as at 2026-Sep
QLD spending grew 6.9%, ahead of Australia’s 6.7%
Household spending totalled $51.2bn in the three months to September 2026, up 6.9% over the year versus 5.7% average growth. Alcohol and tobacco growth was 11.4%, 11.3 percentage points above its 10-year average; health growth slowed to 3.6%. QLD per-capita spending growth was mid-pack among the eight states and territories, while transport rose 4.6% over the latest three months.
Household spending in Queensland totalled $51.2bn in the three months to September 2026, up 6.9% compared with a year ago, above average growth of 5.7%. Household spending per capita was $2,988 per person in September 2026 and $35,364 per person annually. Three-month per-capita spending was $8,925, up 6.1% over the year and 24.8% above its 10-year average of $7,149.
Food grew 6.0% over the year, above its 5.3% average, while health grew 3.6%, below its 6.8% average; transport growth accelerated to 9.4%, above its 6.4% average. Recreation grew 9.2%, above its 6.2% average, and hotels and restaurants grew 6.2%, below their 7.3% average; clothing grew 5.3%, in line with its 5.3% average. Alcohol and tobacco growth reached 11.4%, 11.3 percentage points above its 0.1% average. Spending rose broadly across categories, though health's latest three-month rise of 0.4% was weak against the usual September increase of 1.8%.
QLD household spending grew 6.9% over the year, 0.2 percentage points faster than Australia's 6.7%; per-capita spending was $8,925 in the three months to September 2026, 1.0% above Australia's $8,841 and growing 0.2 percentage points faster. Per-capita growth was mid-pack among the eight states and territories, level with South Australia; the Northern Territory led at 10.7% and the ACT was lowest at 4.1%. These spending figures describe nominal growth; wage growth, inflation and consumer confidence data were not provided to assess real income effects or confidence.
QLD against the other states
4
Household Spending per Capita growth — Equal 4th of 8 states
at 6.1% (2026-Sep)
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Inflation & Cost of Living
Consumer Price Index
104.4
+4.4%
Australia 104.3 (+4.3%)
QLD as at 2026-Sep
Housing CPI
105.4
+5.4%
Australia 105.2 (+5.2%)
QLD as at 2026-Sep
QLD inflation 4.4% in the year to September 2026, above RBA band
Inflation in Queensland was 4.4% in the year to September 2026, above the 10-year average of 3.3% and the RBA's 2-3% band, and 0.1pp above Australia's 4.3%. The annual rate rose from 4.1% in August. Transport inflation of 8.3% sits well above its 10-year average of 3.5%, while housing rose 5.4%.
Inflation in Queensland was 4.4% in the year to September 2026, above the 10-year average of 3.3% and above the RBA's 2-3% target band. The annual rate rose from 4.1% in August to 4.4% in September. Prices rose 1.0% in September, against 0.8% in the same month a year earlier, and rose 2.5% over three months.
Cost pressures sit above average in transport, at 8.3% against a 10-year average of 3.5%, with the month rising 3.2%. Housing rose 5.4%, against 4.0%, insurance and financial services rose 5.0%, against 4.0%, and education rose 4.7%, against 3.9%. Food rose 3.7%, against 3.1%. Relief areas sit below average: alcohol and tobacco rose 4.6%, against 6.1%, furnishings rose 1.6%, against 2.0%, and clothing and footwear fell 3.2% in September, the weakest September month in five years.
Queensland's inflation of 4.4% sits 0.1pp above Australia's 4.3% and third-slowest of eight states and territories. Housing inflation of 5.4% sits 0.2pp above Australia's 5.2% and mid-pack among eight states and territories. Over the year to June 2026, wages on the Wage Price Index rose 3.4% while inflation over the same twelve months was 4.0%, so real wages fell 0.6 percentage points. That June comparison uses a different month from the September headline.
QLD against the other states
3
Consumer Price Index growth — 3rd lowest of 8 states
at 4.4% (2026-Sep)
4
Housing CPI growth — 4th of 8 states
at 5.4% (2026-Sep)
CPI is ranked lowest to highest. A low reading is not automatically a good outcome - it is stated as a position, not a verdict.
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