The S&P Global Australia Services PMI Business Activity Index climbed to 50.3 in April 2026 from a final 46.3 in the previous month, which had marked the weakest reading since November 2023. Flash data signaled a rebound in services activity, with firms reporting improved business conditions and stronger job creation. However, demand remained subdued, as softer client confidence and broader uncertainty continued to weigh on new business and overall sentiment.