Australian Economic Growth Slows to 0.2% in Q1

Is Australia doing better than its peers economically? The answer is complicated - Overpasses For America

Economic growth in some major economies has been forecast to slow down this week, while Australia’s growth has been slower than predicted following extreme weather events but predicted to bounce back. So what’s really going on and is Australia in a slightly better place? US economic growth will slow to 1.6 per cent this year from 2.8 per cent last year as President Donald Trump’s erratic trade wars disrupt global commerce, leaving businesses and…

ThePatriotLight - Australia’s Economy Continues Flatline Performance Recording 0.2 Percent Growth

ThePatriotLight - The latest accounts showed low figures all round with low private and public investment. Australia’s economic performance has largely flatlined in early 2025, with gross domestic product (GDP) inching up just 0.2 percent in the March quarter.That’s a slowdown from the 0.6 percent growth recorded in the December quarter.Australia’s Economy Continues Flatline Performance Recording 0.2 Percent Growth

Australia’s Economy Continues Flatline Performance Recording 0.2 Percent Growth

Australia’s economic performance has largely flatlined in early 2025, with gross domestic product (GDP) inching up just 0.2 percent in the March quarter. That’s a slowdown from the 0.6 percent growth recorded in the December quarter. On an annual basis, the economy expanded by 1.3 percent compared to March 2024, according to seasonally adjusted figures released by the Australian Bureau of Statistics (ABS) on June 4. “Public spending recorded the…

Australian economic growth slows to 0.2% in Q1

Australia's economic growth slowed more than expected in the first three months of 2025, according to national accounts figures.The figures released on Wednesday by the Australian Bureau of Statistics showed that the national gross domestic product (GDP)

“Nothing to be happy about” in Australia’s GDP data

Growth figures released by the Australian Bureau of Statistics paint a gloomy picture of the Australian economy. The post “Nothing to be happy about” in Australia’s GDP data appeared first on SmartCompany.

Australia's economic growth slows to 0.2 per cent in first ...