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Macro - Country Economic Forecasts - Australia

Publisher Oxford Economics
Published Mar 17, 2025
Length 8 Pages
SKU # OFE19929290

Description

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.

Table of Contents

8 Pages
Australia: Economy carries more momentum into 2025 than expected
Forecast overview
Recent developments
Short-term growth outlook
Key drivers of our short-term forecast
Economic risk
Economic Risk Evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Alternative long-run scenarios
Background
Economic development
Structure of the economy
Politics

Pricing

Currency Rates
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