News & Events
Melbourne Institute News
News
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First Nowcast of Growth in June Quarter 2026 is 0.2%
The Melbourne Institute anticipates that the Australian economic growth in the June quarter is likely to be weak (0.2 per cent). This corresponds to year-ended growth decreasing considerably to be 1.7 per cent.
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Per-capita recession likely — too early to call
The effects of the conflict in the Middle East may be more pronounced in the June quarter, although a considerable amount of uncertainty exists.
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Indexes again signal weakening growth prospects across the states
The latest Melbourne Institute State Leading Indexes of Economic Activity indicate below-trend growth in NSW, VIC, SA and WA over the coming three to nine months but above-trend growth in QLD and TAS.
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Australia’s cost-of-living super squeeze
Australians are being squeezed on all sides. Paul Bloxham has referred to this as a “super-squeeze” and Sam Tsiaplis has noted that people have higher inflation expectations now than they did during the peak of the COVID-19 pandemic.
