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Hot Topic EARNINGS
Australia
2 mins to read
1

Aussie growth delivers upside surprise

With an election imminent, the growth figures and the recent interest rate cut enable the Government to claim a soft landing for the economy.

The economy is growing at its fastest pace since December 2022.

Lachlan Colquhoun Wed, 05 Mar 2025

Australia’s economy grew faster than forecast in the December quarter in a result which makes it unlikely that the Reserve Bank of Australia will cut interest rates again soon.

The Australian Bureau of Statistics today reported that GDP had increased by 0.6% in the December quarter, double the

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Lachlan Colquhoun Wed, 05 Mar 2025
Contact the Writer: lachlan@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Tags
RBA GDP australia election Anthony Albanese
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