Latest GDP Shows Burnout Economy In Action!

Today we got the latest data from the ABS on the Australian Economy, via the backward-looking data on GDP to September 2025. As you know I think GDP is a bad measure of anything useful, because it simply measures activity in the Economy, wherever it comes from, yet economists, politicians and bankers and fixated on it. Nevertheless, the ABS reported the Australian gross domestic product (GDP) rose 0.4 per cent in the September quarter 2025 and 2.1 per cent compared to a year ago (seasonally adjusted, chain volume measure. This was below economists’ forecasts of 0.7%, and highlights the real […]