We've upgraded our 2025 GDP growth forecast for Australia by 0.2ppts to 2.1%. Growth in 2024 was in line with our forecast at 1%, but the economy carried a little more momentum into the end of 2024 than we had expected. Growth in Q4 was generated from an even contribution across the public and private sectors, which represents a broadening of momentum after a high reliance on the public sector for much of the last year.
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook