The Australian economy rose 0.4% in seasonally adjusted chain volume measures. • In nominal terms, GDP rose 1.7%. • The terms of trade rose 0.3%. • Household saving to income ratio rose to 6.4% from 6.0%. {table} Gross Domestic Product (GDP) rose 0.4% this quarter and by 2.1% since September 2024. Quarterly growth was driven by domestic final demand led by private investment and household consumption. Changes in inventories detracted from growth as inventories were run down to support exports. Net trade detracted from growth as the rise in imports outpaced exports. GDP per capita was flat (0.0%) this quarter but ... (full story)