Australia’s Economy Continues Flatline Performance Recording 0.2 Percent Growth

The latest accounts showed low figures all round with low private and public investment.

Federal Labor Treasurer Jim Chalmers speaks to the media during a press conference at the Commonwealth Parliamentary Offices in Brisbane, Australia on Sept. 25, 2024. AAP Image/Darren England

Australia’s economic performance has largely flatlined in early 2025, with gross domestic product (GDP) inching up just 0.2 percent in the March quarter.

That’s a slowdown from the 0.6 percent growth recorded in the December quarter.