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Australian GDP numbers breathe new life into Aussie economy

HSBC chief Australasia economist Paul Bloxham says the GDP data helps to show the domestic economy is recovering.

Jason Walls
Thu, 04 Jun 2015

Aussies have started buying sofas again, among other signs of optimism emerging in the Australian economy.

First quarter GDP figures show growth, beating market predictions.

Australia’s economy grew 2.3% in the first quarter of 2015 year-on-year, and by almost 1% quarter-on-quarter.

The numbers

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Jason Walls
Thu, 04 Jun 2015
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Australian GDP numbers breathe new life into Aussie economy
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