Australias Economy Speeds Up, but Government Spending Still Doing the Heavy Lifting

Date:

Treasurer Jim Chalmers is seen during a press conference at The Paddo Tavern in Brisbane, Australia, on Oct. 14, 2025. AAP Image/Darren EnglandAustralia’s economy expanded more quickly at the end of 2025, according to new national accounts released by the Australian Bureau of Statistics, though the figures also highlight the continued role of government spending in driving growth.Gross domestic product (GDP) rose 0.8 percent in the December quarter, lifting annual growth to 2.6 percent, up from 2.1 percent in the year to September.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Michael Zwaagstra: Ford Government Should Get Serious About Education Reform

CommentaryWhile the summer is in full swing and most...

Week in Photos: Mount Etna Eruption, Mass Border Crossing, and Presidential Inauguration

|July 31, 2026Updated:July 31, 2026Firefighters of Paris Fire Brigade...

White House Says Iran Will Continue to Pay Amid Reports of New US Strikes

The White House warned Iran on Friday afternoon of...

Magnitude 4.7 Quake Strikes Near Italys Naples, Causing Outages and Damage

Emergency workers assist a resident as people prepare to...