The indicator tracks automobile sales in Australia. Though motor vehicle sales are a small component of the overall economy, expenditures of such "big-ticket" items give good insight into consumer's spending ability. Additionally, the figure gauges consumer confidence; consumers and businesses are only likely to make the outlays needed for motor vehicles if they are optimistic about their current and future economic well being.
- Release Frequency: monthly.
- Release Schedule: 01:30 GMT, on approximately the 20th of the month following the reference one.
- Source: Australian Bureau of Statistics.