Australia’s Leading Index rose to 0.35 per cent in October, turning positive after 6 months of flat readings and signalling slightly above-trend momentum heading into early 2026.
The rebound was driven by a surge in consumer expectations, stronger equities and rising hours worked.
Westpac expects GDP to lift from 1.8 to around 2.4 per cent, though volatility in sentiment and markets may temper gains.