The Australian economy rose 0.2% in seasonally adjusted chain volume measures. In nominal terms, GDP rose 1.4%. The terms of trade rose 0.1%. Household saving to income ratio rose to 5.2% from 3.9%.

From March quarter 2021 to March quarter 2025, total social benefits rose 58.0% ($18.5 billion). Social benefits as a percentage of total general government expenses have also increased, from 16.2% in ...