Australia’s GDP grew 0.3 per cent QoQ and 2.5 per cent YoY in Q1 2026, according to ABS data.
Growth slowed due to weaker government spending, cautious household consumption and weather-related export disruptions.
Exports fell 1.1 per cent, while private business investment surged 6 per cent, supported by data centre expansion projects.
Household spending rose 0.5 per cent.
Growth slowed due to weaker government spending, cautious household consumption and weather-related export disruptions.
Exports fell 1.1 per cent, while private business investment surged 6 per cent, supported by data centre expansion projects.
Household spending rose 0.5 per cent.
