Latest Updates

• Australia GDP: Q2 2025 2025-09-02 19:30

  

  Australia’s GDP grew 0.6% QoQ (vs 0.5% QoQ expected) in Q2 2025 and 1.8% YoY (strongest YoY growth since Q3 2023), supported by household and government consumption. GDP per capita increased 0.2% QoQ and 0.2% YoY, and productivity saw similar gains.

  • Domestic final demand contributed +0.5 ppts to growth, with household consumption rising 0.9% (driven by tourism, furnishings, and health) and government consumption up 1.0%, while public investment fell -3.9% and private investment was flat (+0.1%).

  • Net trade added +0.1 ppts as exports rose 1.7% (led by mining commodities, grains, and services like travel) against a 1.4% rise in imports (notably motor vehicles and outbound travel).

  • The terms of trade fell -1.1% as export prices (-1.7%) dropped for iron ore, coal, and LNG, partly offset by higher beef prices; import prices also declined -0.6%, reflecting lower fuel and capital goods costs.

  • Gross value added grew 0.7%, led by mining (+2.3%) and tourism-related services, while manufacturing and construction remained weak; 13 of 19 industries recorded gains.

  • Compensation of employees rose 1.1% with tight labor markets, but the household saving ratio fell to 4.2% (from 5.2%) as spending outpaced income growth.

  • Corporate profits slipped -0.1% overall, with mining earnings hit by weaker commodity prices, partly offset by gains in non-mining sectors and financial corporations.

  Source
• Australia GDP: Q1 2025 2025-06-03 19:30
  

  Australia’s GDP rose 0.2% QoQ and 1.3% YoY in Q1 2025, with growth slowing due to weather disruptions and a drag from public sector demand.

  • Real net national disposable income rose just 0.2% YoY after a gain of 0.6% QoQ in Q1 2025.
  • GDP per capita fell -0.2% QoQ, marking the fourth contraction in five quarters and down -0.4% YoY.
  • Public investment declined -2.0% QoQ while private investment rose 0.7%, led by residential construction.
  • Exports fell -0.8% QoQ, weighed by LNG and coal, while imports fell -0.4%; net trade subtracted -0.1 ppts from growth.
  • Compensation of employees rose 1.5%, household consumption grew 0.4%, and the household saving ratio jumped to 5.2%.

  Source
• Australia GDP: Q4 2024 2025-03-04 19:30
  

  Australia’s GDP grew 0.6% QoQ and 1.3% YoY in Q4 2024, slightly ahead of expectations of an 0.5% QoQ increase.

  • Productivity, measured by GDP per hour worked, fell -0.1% QoQ and was down -1.2% YoY.
  • The GDP chain price index increased 1.4% QoQ, the highest increase in a year.
  • Domestic final demand contributed 0.5 ppts to GDP growth with household consumption growing 0.4% QoQ and adding 0.2 ppts and private investment adding 0.1 ppts.
  • Net trade contributed 0.2 ppts, and inventory growth added 0.1 ppts.

  Source