The long-term average growth for the Australian economy is closer to 2.7%. It is one of the last pieces of major economic data before the next federal election, and will provide some comfort to ...

For the first time in nearly two years, per-capita GDP growth also increased by 0.1 per cent quarter-on-quarter, breaking seven straight quarters of a per-capita recession. The figures, which were ...

said the GDP figures showed the low point of Australia's economic cycle "had now passed." "We forecast moderate [annual] growth of 1.6 per cent in 2025, before things pick up to 2.3 per cent and 2 ...