Macro - Country Economic Forecasts - Australia
Description
We forecast Australia's GDP will expand by 2.5% in 2026, following an estimated growth of 1.9% in 2025. Momentum in the economy is building, even if headline growth measures were weaker than expected in Q3. Stripping out volatile movements in inventories, domestic demand grew at its fastest pace in two years, supported by a jump in business investment and robust household spending.
Table of Contents
11 Pages
- Australia: Inflation changes the game
- 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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