Australian national accounts – government spending saves nation from zero growth
The Australian Bureau of Statistics released the latest – Australian National Accounts: National Income, Expenditure and Product, September 2025 – today (December 3, 2025), which shows that the Australian economy slowed to 0.4 per cent (from 0.6 per cent) in the September-quarter 2025. At the current annual growth rate, unemployment is predicted to rise further, given current labour force and productivity growth (see below). Household consumption expenditure growth weakened while public and private investment was stronger. The 0.4 point overall government contribution was the difference between zero growth and the positive result recorded.