Annual growth lifted to 2.1 per cent, the fastest pace in two years, despite a softer-than-expected 0.4 per cent quarterly print.
Oliver explains that headline GDP was dragged down by inventory run-downs and weaker net exports, but underlying domestic demand was supported by robust business investment – particularly in data centres and AI-related infrastructure.
Listen as they explore:
- The implications of the GDP figures on the RBA’s future interest rate decisions.
- Why Australian home prices continue to climb.
- How to address the supply side issues constraining housing affordability.
