FX.co ★ Australia’s Household Spending Quickens: Q2 2026 GDP Final Consumption Rises to 0.5%

Australia’s GDP final consumption accelerated in the second quarter of 2026, signaling firmer domestic demand. The indicator rose to 0.5% in Q2 2026, up from 0.3% recorded in the first quarter of 2026.

The latest figures, updated on 2 September 2026, suggest that consumption – a key driver of overall economic growth – gained momentum over the period. While the increase is moderate, the pickup from the previous quarter points to improving household and government spending conditions within the Australian economy as it moves through the middle of 2026.