Australian Economy Grows by 0.4% in Q2 2026
The Australian economy grew by 0.4% in the second quarter of 2026, outpacing market expectations and showing an acceleration from a 0.3% growth rate recorded in Q1. On an annual basis, GDP increased by 2.1%, though this marked a slowdown compared to the previous quarter's 2.5%. The data suggests continued economic momentum despite some moderation in year-over-year performance.
