Today (June 3, 2026), the Australian Bureau of Statistics (ABS) released the latest – Australian National Accounts: National Income, Expenditure and Product, March 2026. This data does not really capture the full impact on the Middle East disruptions nor do they capture any interest rate impacts arising from the recent hikes in rates from the RBA. But the economy is slowing and really only being held up by the massive private investment in data centres, which will exhaust in coming quarters. The Australian economy grew by 0.3 per cent in the March-quarter 2026 (down) from 0.4 per cent) and by 2.5 per cent (down from 2.6) over the 12 months. I expect the economy to slow further in the June-quarter 2026.