Australian economy picks up speed, but managing inflation and rates is getting harder
- Written by Stephen Bartos, Professor of Economics, University of Canberra
Australia’s economy grew at its fastest annual rate in almost three years in the December quarter, rising 2.6%, although this is still modest growth by historical standards.
Gross domestic product (GDP) for the quarter rose 0.8%, picking up from 0.5% in the September quarter, according to the Australian Bureau of Statistics. Both...
Read more: Australian economy picks up speed, but managing inflation and rates is getting harder
