02-June-2026
Economy News
 
Australian Government Spending Flat in Q1, No Boost to GDP
02-Jun-2026

Australian government spending was flat in the first quarter, data showed on Tuesday, offering no impetus to economic growth early in the year after a run of strong outcomes. Spending on operational items fell 0.2% in the March quarter from the previous quarter to an inflation-adjusted A$159.3 billion ($114.09 billion), the Australian Bureau of Statistics reported.

News Source:- https://money.usnews.com/investing/news/articles/2026-06-01/australian-government-spending-flat-in-q1-no-boost-to-gdp
 
 
 

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