Australia’s second-quarter growth soft but better than expected

(Image: Getty)

Wed, 03 Sep 2025

By James GlynnAustralia’s second-quarter economic growth was better than expected but remained sluggish overall as investment weakened.The economy grew 0.6% in the second quarter from the prior quarter, amid weather events and global uncertainty stemming from US trade policies. Annual growth came in at 1.8%, beating the expected expansion of 1.6%.'Risks'Treasurer Jim Chalmers told reporters that he welcomed the evidence of a recovery in the economy, but acknowledged that there was a lot of work ahead to lift growth.The weak d...

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