Australians’ splurge on EVs keeps the economy ticking
2 sources·Updated September 2, 2026
Covered by 2 sources
- The Conversation AU·2d agoAustralia’s economy grows by 2.1%, but people’s living standards aren’t keeping pace
Grant Faint/Getty Images Australia’s economy expanded by 0.4% in the June quarter, with spending growth driven by record sales of imported electric vehicles. For the year to June, gross domestic product (GDP) grew by 2.1%, according to the Australian Bureau of Statistics,…
Read at The Conversation AU → - Brisbane Times·2d agoAustralians’ splurge on EVs keeps the economy ticking
The Australian economy grew by 0.4 per cent through the June quarter as consumers spent more on electric vehicles as they deal with the fallout from the war against Iran.
Read at Brisbane Times →