0.4% quarterly GDP growth: The economy expanded faster than expected in June quarter, hitting 2.1% annually despite three prior RBA rate hikes and the Iran oil shock.
EV sales carry the quarter: Record electric vehicle and hybrid purchases accounted for three-quarters of all household consumption growth, as Australians dodged fuel price spikes by going electric.
Bond yields hit 15-year highs: Australian government borrowing costs surged to levels not seen since...
