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4mo ago General
Australia's economy has expanded 0.3 per cent in the first quarter of 2026, taking the annual growth rate to 2.5 per cent.
Federal treasurer Jim Chalmers has called the GDP data solid and says it shows how resilient the economy is during a time of global instability and volatility. Shadow treasurer Tim Wilson says the treasurer has given himself a 'participation award' and Australians are going backwards.
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Read more here: https://www.abc.net.au/news/2026-06-03/asx-markets-business-live-news/104687282
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