5206.0 - Australian National Accounts: National Income, Expenditure and Product, Jun 2015 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 02/09/2015   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product
MEDIA RELEASE
2 September 2015
Embargoed: 11.30 am (Canberra time)
95/2015
Australian economy grows 0.2 per cent

Latest Australian Bureau of Statistics (ABS) figures show that GDP, in seasonally adjusted chain volume terms, grew 0.2 per cent in the June quarter 2015.

Reduced Mining and Construction activity, coupled with a decline in Exports were the main factors to the slowdown in economic growth.

Positive contributions to GDP growth came from the Domestic final demand components of household and government consumption.

The Financial, Transport and Health industries each contributed 0.1 percentage points to GDP growth.

The June quarter saw the Terms of trade decrease 3.4 per cent in seasonally adjusted terms.

Further details can be found in Australian National Accounts: National Income, Expenditure and Product, (cat no. 5206.0) available for download from the ABS website http://www.abs.gov.au

Media Note:
  • When reporting ABS data, the Australian Bureau of Statistics (or ABS) must be attributed as the source.
  • Media requests and interviews - contact the ABS Communications Section on 1300 175 070