27d ago

Australia's economy expands faster than forecast, stoking rate hike prospects

Australia0.4% growthJune 2026 quarterReserve Bank of Australia

Australia's economy grew 0.4 percent in the June quarter on September 2, 2026, exceeding economist expectations and raising the likelihood of an interest-rate increase as soon as that month. The stronger-than-expected growth signals inflationary pressure.

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