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Macro - Country Economic Forecasts - Australia

Publisher Oxford Economics
Published Aug 14, 2025
Length 8 Pages
SKU # OFE20317576

Description

The run of data over the past month has come in broadly in line with our expectations. Household spending growth has been a little more resilient to uncertainty and relatively low consumer confidence. But the nascent slackening in the labour market will test momentum over H2. Inflation continues to ease, which paved the way for another rate cut in August. Our outlook for growth in 2025 is little changed at 1.6%.

Table of Contents

8 Pages
Australia: August rate cut delivers some welcome support
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

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