
Extreme weather weighs on Australian economy as growth slows to 0.2% | Australian economy newsthirst.
The Australian economy has had an underwhelming start to the year, with growth of just 0.2% in the first three months of 2025 compared to 0.6% in the previous quarter. Annual growth was steady at 1.3%, the new figures from the Australian Bureau of Statistics showed. Katherine Keenan, the ABS’s head of national accounts, described…