Australian economy picks up speed, but managing inflation and rates is getting harder

Australian economy picks up speed, but managing inflation and rates is getting harder

Both private-sector and government spending contributed to the fastest GDP growth since 2022. Yet it’s still well below the growth Australians saw in the past.

Australia’s economy grew at its fastest annual rate in almost three years in the December quarter, rising 2.6%, although this is still modest growth by historical standards. Gross domestic product … [+5621 chars]
Australian economy picks up speed, but managing inflation and rates is getting harder - FHMnews