Good news on growth could be bad news for rates as RBA, Chalmers await GDP
With inflation sitting higher than the Reserve Bank would like, the risks of economic growth being too strong are front of mind once again.
Treasurer Jim Chalmers will receive the nation's economic scorecard. But perversely, a strong GDP print could will increase fears that a rate rise could be on the cards in early 2026.
Here’s what you need to know about the key economic data releases this week.
National accounts
The data: Australian National Accounts: National Income, Expenditure and Product, September 2025, Australian Bureau of Statistics
When: Wednesday 3 December 2025
What to expect: The consensus is currently for GDP growth of about 0.6% over the quarter and 2.1% over the year. Strong economic growth is usually something to look forward to, but this result comes with complications due to the Reserve Bank’s challenge with inflation and the warnings from economists that the economy is running at full capacity.
