Business News

Australia's June quarter national accounts show GDP doing well

Written by John Hawkins, Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra

Wes Mountain/The Conversation, CC BY-NC-ND

Tuesday’s national accounts show Australia ending 2021-22 on a strong note.

Gross domestic product grew by a historically robust 0.9% in the three months to June, and by an unusually-high 3.6% over the year.

Australia’s economy is now more than 5% bigger than it was before COVID, a better...

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