Australia’s GDP rises 0.6% in June quarter: ABS

Australia’s gross domestic product (GDP) grew 0.6 per cent in the June quarter 2025 and 1.8 per cent year-on-year, the Australian Bureau of Statistics (ABS) said on Wednesday. The 2024-25 financial year saw GDP rise 1.3 per cent growth.

“Economic growth rebounded in the June quarter following subdued growth in the March quarter, which was heavily impacted by weather events.” Tom Lay, ABS head of national accounts, said.

Domestic final demand was the main driver of growth led by household and government spending, according to ABS statement. Net trade also drove GDP growth, led by exports of mining commodities. On the other hand, public investment was “the largest detractor from growth.”

GDP per capita increased 0.2 per cent following a decline in the previous quarter.

Attribution: Amwal Al Ghad English

Subediting: Y.Yasser