Australian Prime Minister Anthony Albanese and the Treasurer, Jim Chalmers visit Sunnybank Market Square in the electorate of Moreton in Brisbane, Australia on April 29, 2025. Asanka Ratnayake/Getty Images
Monthly business turnover dipped 0.1 percent in May 2025, marking the first decline since October last year, according to new data from the Australian Bureau of Statistics (ABS).
ABS head of business statistics Robert Ewing said the arts and recreation sector experienced the sharpest decline, falling 5.5 percent.
