CANBERRA, ACT, Sept. 2 -- The Treasurer of Australia issued the following media release:
Today's National Accounts show the Australian economy grew 0.4percent in the quarter, to be 2.1percent higher through the year and 2.4percent higher in the 2025-26 financial year.
This is a robust result in challenging international circumstances.
It shows the resilience of Australia's economy in the face of global uncertainty and conflict.
While global circumstances are challenging and people are under pressure, we've got a lot going for us and we can see some of this reflected in today's figures.
Dwelling investment picked up, incomes are growing, there is a solid pipeline of business investment, and the private economy is driving our growth.
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