Uploaded September 2026 | Updated September 2026, 3 weeks ago
Australia's GDP grew 0.4 per cent in the June quarter, reaching an annual growth rate of 2.1 per cent, slightly higher than economists expected. The Commonwealth Bank has forecast a 9 per cent average decline in house prices nationally before recovery next year, with Sydney and Melbourne expected to see drops of 13 per cent and 12 per cent respectively.
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Australia's GDP grew 0.4 per cent in the June quarter, reaching an annual growth rate of 2.1 per cent, slightly higher than economists expected. The Commonwealth Bank has forecast a 9 per cent average decline in house prices nationally before recovery next year, with Sydney and Melbourne expected to see drops of 13 per cent and 12 per cent respectively.
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For the latest Australian news and breaking news alerts, connect with 7NEWS online:
Visit » https://7news.com.au
7Plus » https://7plus.com.au/
7NEWS Podcast » open.spotify.com/user/dm9fk9hzoe68ibpttheragdgi
Facebook » facebook.com/7NewsAustralia
TikTok » tiktok.com/@7newsaustralia
Instagram » instagram.com/7newsaustralia
X » https://x.com/7NewsAustralia
7NEWS combines the trusted and powerful news brands including Sunrise, The Morning Show, Spotlight and 7NEWS.com.au, delivering unique, engaging and continuous coverage on the issues that matter most to Australians. Watch 7 News Australia full broadcasts and full episodes at 6pm and weekdays at 12pm and 4pm on Channel 7 and 7plus.
#BREAKINGNEWS #7NEWS
