Australia’s economic growth slows in March due to global trade shifts

Australia’s six-month annualised growth rate in the Westpac-Melbourne Institute Leading Index slowed to 0.6 per cent in March, down from 0.9 per cent in February, reflecting trade policy disruptions and market sentiment.
While the Australian economy faces manageable tariff shocks, growth is expected to slow to 1.9 per cent in 2025.
Financial market developments have contributed to the slowdown.Read More