Summary: Australia’s economy grew 0.6% in the second quarter of 2025, driven by household spending and easier monetary policy. This growth surpasses expectations and is expected to keep the Reserve Bank of Australia on hold in September. However, the economy is still underperforming compared to its pre-pandemic average, with productivity growth lagging behind other developed nations.

Link: https://www.theedgesingapore.com/news/economic-outlook/australias-economy-accelerates-2q2025-driven-household-spending