CANBERRA, ACT, March 4 -- The Treasurer of Australia issued the following media release:
Today's National Accounts show strong, broad‑based growth and an ongoing recovery in the private sector.
These really encouraging numbers are a very robust foundation from which we confront intense global economic volatility, made worse by the dramatic escalation of hostilities in Iran and across the Middle East.
Growth in our economy is now much stronger and broader, and that's very welcome.
The defining story of the Australian economy in 2025 was the pick‑up in private sector activity, which these figures confirm.
It's encouraging to see more growth in business investment, dwelling investment, market sector productivity and household ...