Australia Economy Today: Q3 GDP Data, Inflation Shock and Interest Rate Jitters – 3 December 2025
Australia’s economy is back in the spotlight today after fresh national accounts and inflation figures painted a picture of solid headline growth, stubborn price pressures and still‑squeezed living standards. On 3 December 2025, the Australian Bureau of Statistics (ABS) reported that gross domestic product (GDP) grew 0.4% in the September quarter and 2.1% over the year, slightly below market expectations but the fastest annual pace in two years. Australian Bureau of Statistics+1 At the same time, inflation is running at 3.8% – above the Reserve Bank of Australia’s (RBA) 2–3% target – leaving the central bank facing a difficult choice