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Macro - Country Economic Forecasts - Australia

Publisher Oxford Economics
Published Sep 15, 2025
Length 8 Pages
SKU # OFE20418412

Description

We've raised our 2025 GDP growth forecast for Australia by 0.1ppt to 1.7% and lowered our projection for 2026 to a 2.1% expansion. GDP growth in Q2 was marginally above our expectations. Activity was fuelled by transitory boosts to household and public consumption, which will fade in the coming months. The outlook for business investment remains challenging, and we think Q2 was likely the high point for quarterly growth in 2025.

Table of Contents

8 Pages
Australia: Activity is expected to slow in H2
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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