AUSTRALIA-CANBERRA-ECONOMY

Xinhua
06 Mar 2025, 22:06 GMT+10

(250306) -- CANBERRA, March 6, 2025 (Xinhua) -- Customers shop for groceries in Canberra, Australia, March 6, 2025. The latest National Accounts showed the Australian economy has turned a corner, and "in a very encouraging way because the private sector is beginning to take its rightful place as the main driver of growth in our economy," Australian Treasurer Jim Chalmers said on Thursday.

Australian gross domestic product (GDP) rose 0.6 percent in the December quarter and 1.3 percent through the year, according to the Australian Bureau of Statistics (ABS) on Wednesday. (Photo by Zhang Na/Xinhua)

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