Australian National Accounts – GDP growth slows significantly – slipping towards recession under current policy settings

Created
Wed, 04/06/2025 - 13:52
Updated
Wed, 04/06/2025 - 13:52
The Australian Bureau of Statistics released the latest – Australian National Accounts: National Income, Expenditure and Product, March 2025 – today (June 4, 2025), which shows that the Australian economy grew by just 0.2 per cent in the March-quarter 2025 (down from 0.6 per cent) and by just 1.3 per cent over the 12 months.…