The Australian sharemarket is tipped for a flat start ahead of a major week of data that will indicate how the economy is travelling.

The September share price index futures contract is down two points at 5,613.

In the US on Friday, the S&P 500 closed at another record high.

The broad-market gauge pushed back above 2,000, the milestone it closed above for the first time on Tuesday, to finish at 2,003.37, up 6.63 points for the day.

Locally on Monday, the Australian Bureau of Statistics releases company profits and inventories data for the June quarter.

Monthly inflation figures from TD Securities and manufacturing data from the Australian Industry Group are also released.

In Australia, the stock market on Friday closed flat as the impact on miners of weaker iron ore prices, and falls by the retail giants, were offset by gains in other sectors.

The benchmark S&P/ASX200 index rose 1.5 points, or 0.03 per cent, at 5,625.9 points.

The broader All Ordinaries index was up 3.3 points, or 0.06 per cent, at 5,624.6 points.