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Australia's Q1 GDP Growth Slows, Raising Stimulus Calls

1 min read
Source: CNBC
Australia's Q1 GDP Growth Slows, Raising Stimulus Calls
Photo: CNBC
TL;DR

Australia's economy grew 1.3% year-on-year in Q1 2025, below expectations, with growth stalling due to reduced public spending, weakened consumer demand, and trade tensions, prompting the Reserve Bank to consider further rate cuts.

Topics:businesseconomy#australia#economy#first-quarter#gdp-growth#public-spending#trade-tensions
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  1. Australia's first-quarter economic growth misses estimates, expanding 1.3% from a year earlier  CNBC
  2. Slowing Australia Economy Vulnerable as World Growth Stalls  WSJ
  3. Australia’s Soft GDP Growth Vindicates RBA’s Dovish Rate Stance  Bloomberg.com
  4. Australia's muted Q1 economic growth signals need for more stimulus  Yahoo Finance
  5. Live: ASX maintains gains as GDP misses forecasts  Australian Broadcasting Corporation

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