9 News Australia
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Growing economy sparks fears of another rate hike | 9 News Australia
Posted
September 2, 2026
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1:12Now PlayingThe Australian economy grew by 0.4 per cent in the June quarter, but experts warn the “doubleedged sword” in the strongerthanexpected results makes another rate hike this year all the more likely. The Australian Bureau of Statistics on Wednesday found gross domestic product (GDP) rose by 0.4 per cent in the last three months and 2.1 per cent in the year to June as cautious households spent less on fuel and travel due to the war in the Middle East. | Subscribe and 🔔| Get more breaking news at nine.com.au
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