AU GDP q/q

It's the broadest measure of economic activity and the primary gauge of the economy's health;

Expected Impact / Date	Actual	Forecast	Previous
Dec 3, 2024	0.3%	0.5%	0.2%
Sep 3, 2024	0.2%	0.2%	0.2%
Jun 4, 2024	0.1%	0.2%	0.3%
Mar 5, 2024	0.2%	0.2%	0.3%
Dec 5, 2023	0.2%	0.5%	0.4%
Sep 5, 2023	0.4%	0.4%	0.4%
Jun 6, 2023	0.2%	0.3%	0.6%
Feb 28, 2023	0.5%	0.8%	0.7%

Released on Dec 3, 2024

Australian economy grew 0.3 per cent in September Quarter
From abs.gov.au|Dec 3, 2024
Australian gross domestic product (GDP) rose 0.3 per cent in the September quarter 2024 and by 0.8 per cent since September 2023 (seasonally adjusted, chain volume measure), according to figures released by the Australian Bureau of Statistics (ABS) today. Katherine Keenan, ABS head of national accounts, said: “The Australian economy grew for the twelfth quarter in a row, but has continued to slow since September 2023.” The strength this quarter was driven by public sector expenditure with Government consumption and public investment ...

Released on Sep 3, 2024

Australian National Accounts: National Income, Expenditure and Product June 2024
From abs.gov.au|Sep 3, 2024
The Australian economy rose 0.2% in seasonally adjusted chain volume measures. GDP rose 1.5% in 2023-24. The terms of trade fell 3.0%. Household saving to income ratio remained at 0.6%. Economic overview: Unless otherwise stated all figures are in seasonally adjusted, chain volume measures. The reference year for chain volume measures is 2021-22. June quarter key figures, percentage changes (a): table Australian economy grew 0.2% in the June quarter 2024 Gross Domestic Product (GDP) rose 0.2%, the eleventh consecutive quarter of ...

Released on Jun 4, 2024

Australian National Accounts: National Income, Expenditure and Product
From abs.gov.au|Jun 4, 2024
Key statistics: The Australian economy rose 0.1% in seasonally adjusted chain volume measures In nominal terms, GDP rose 1.4% The terms of trade rose 0.2% Household saving to income ratio fell to 0.9% from 1.6% Economic overview: Unless otherwise stated all figures are in seasonally adjusted, chain volume measures. The reference year for chain volume measures is 2021-22. March quarter key figures, percentage changes (a): table Australian economy grew 0.1% in the March quarter 2024 Gross domestic product (GDP) rose 0.1%, resulting ...
March GDP numbers to be ‘quite low’, RBA governor Michele Bullock says
From news.com.au|Jun 4, 2024
video A rebound in inflation or stickier than anticipated price pressures would force the RBA to hike interest rates again, Reserve Bank governor Michele Bullock has told a senate estimates hearing. “If we think we’re on the narrow path, we can stay basically, pretty much where we are: not ruling anything in, ruling anything out,” she said. “But if it turns out, for example, that inflation starts to go up again or it’s much stickier than we think we’re not getting it down, then we won’t hesitate to move and raise interest rates ...

Released on Mar 5, 2024

Australian National Accounts: National Income, Expenditure and Product, December 2023
From abs.gov.au|Mar 5, 2024
Key statistics: • The Australian economy rose 0.2% in seasonally adjusted chain volume measures • In nominal terms, GDP rose 1.4% • The terms of trade rose 2.2% • Household saving to income ratio increased to 3.2% from 1.9% Economic overview: Unless otherwise stated all figures are in seasonally adjusted, chain volume measures. The reference year for chain volume measures is 2021-22. table Australian economy grew 0.2% in the September quarter 2023 Gross domestic product (GDP) rose 0.2%, driven by government expenditure and private ...

Released on Dec 5, 2023

Australian National Accounts: National Income, Expenditure and Product, September 2023
From abs.gov.au|Dec 5, 2023
Key statistics: • The Australian economy rose 0.2% in seasonally adjusted chain volume measures • In nominal terms, GDP rose 1.2% • The terms of trade fell 2.6% • Household saving to income ratio decreased to 1.1% from 2.8% In this release: For a breakdown of key information from this and other recent economic releases, see 11 things that happened in the Australian economy during the September quarter. The Revisions and changes section includes information on National Accounts intention to commence the replacement of retail business ...

Released on Sep 5, 2023

Australian Economy Defies Rate Hikes as Exports Drive Growth
From bnnbloomberg.ca|Sep 5, 2023
Australia’s economy maintained momentum in the three months through June driven by strong export demand for goods and services, suggesting a still-solid impulse in the face of 12 interest-rate increases. Gross domestic product advanced 0.4%, the same pace as the prior quarter and in line with economists’ estimates, Australian Bureau of Statistics data showed Wednesday. From a year earlier, the economy grew 2.1% from an upwardly revised 2.4%. The result will bolster the Reserve Bank’s confidence that it can bring the economy in for a ...
Australian National Accounts: National Income, Expenditure and Product, June 2023
From abs.gov.au|Sep 5, 2023
Key statistics: • The Australian economy rose 0.4% in seasonally adjusted chain volume measures • GDP rose 3.4% in 2022-23 • The terms of trade fell 7.9% • Household saving ratio decreased to 3.2% from 3.6% table Gross Domestic Product (GDP) rose 0.4%, the seventh consecutive rise. Exports and investment were the primary contributors to GDP growth this quarter, partly offset by changes in inventories. The Australian economy grew by 3.4% in 2022-23, above the 10-year pre-pandemic average of 2.6%. The growth reflected a strong ...

Specs

Change in the inflation-adjusted value of all goods and services produced by the economy;

No consistent effect - there are both risk and growth implications;

Released quarterly, about 65 days after the quarter ends;

Gross Domestic Product (GDP);

Growth