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Australia’s economy limps along, but the RBA should take acloser look before raising interest rates again | Greg Jericho

The story of the economy at the moment is one of give and take – and what’s good for investment is bad for trade

This story summarizes reporting from The Guardian. Read the original for full context. Wire items stay in our news sitemap for seven days. Editorial policy.

Read full story on The Guardian →
Greg Jericho2 Sept 2026, 03:00 pmUpdated 4h ago1 min readAsiaAustralia
Australia’s economy limps along, but the RBA should take a closer look before raising interest rates again | Greg Jericho

Australia — Greg Jericho

The story of the economy at the moment is one of give and take – and what’s good for investment is bad for trade

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When the Bureau of Statistics released the GDP figures on Wednesday , the June quarter 0.4% growth figure immediately drew headlines of a rate rise to come, but there is little within the GDP figures that suggests an economy needing slowing.

Prior to the release, the average expectations from banking economists and those throwing a dart at a board was that the economy in June would grow by 0.3%. In the end it grew 0.4% and brought out the suggestions that the growth was “above expectations” and thus in some way hot and in need of cooling off by another interest rate rise.

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This report is published with credit to The Guardian. The wire sent a summary; open the original for any extra context. Read on The Guardian →

Source: The Guardian · Greg Jericho. Published 2 Sept 2026, 03:00 pm.

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