Australia’s goods imports rose 0.8% mom to AUD 41.43 billion in January 2026, rebounding from a revised 1.8% decline in the prior month and pointing to firmer domestic demand at the start of the year. Capital goods imports increased 5.1% to AUD 10.17 billion, driven by a sharp rise in ADP equipment (50.4%) and civil aircraft and confidentialised items (47.8%), alongside a modest gain in machinery and industrial equipment (1.3%). Non-monetary gold imports also surged 46.8% to AUD 3.31 billion, likely reflecting heightened trading activity amid elevated global prices. In contrast, intermediate and other merchandise goods fell 4.5% to AUD 15.91 billion, weighed by lower purchases of fuels and lubricants (-13.7%), processed industrial supplies n.e.s. (-1.3%), and transport equipment parts (-0.3%). Meanwhile, consumption goods imports slipped 3.7%, dragged down by non-industrial transport equipment (-5.5%), food and beverages (-5.4%), and and textiles, clothing and footwear (-1.0%).