Australia Economy Today: Q3 GDP Data, Inflation Shock and Interest Rate Jitters – 3 December 2025
Australia’s GDP rose 0.4% in the September quarter and 2.1% over the year, the fastest annual pace in two years but below forecasts, the ABS reported Wednesday. Inflation remains at 3.8%, above the RBA’s target, ahead of its 8–9 December meeting. Private and public investment drove growth, while household spending showed signs of strain.