Australia’s gross domestic product grew 0.4% in the latest quarter, according to data released at 02 Sep 2026 01:30 GMT. The figure exceeded the market forecast of 0.3%, marking an acceleration from the previous period’s 0.3% expansion. Quarterly GDP growth measures the pace at which the economy expanded from one three-month period to the next.
Stronger than expected
The reading came in above forecast, suggesting economic activity picked up more than anticipated. The gain from the previous quarter’s 0.3% to the current 0.4% indicates the pace of expansion increased. This metric matters to the central bank and policymakers as they assess the economy’s momentum and the need for any adjustments to interest rates.
