{"id":149358,"date":"2025-09-17T08:48:08","date_gmt":"2025-09-17T08:48:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/149358\/"},"modified":"2025-09-17T08:48:08","modified_gmt":"2025-09-17T08:48:08","slug":"aussie-economy-losing-momentum-macrobusiness","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/149358\/","title":{"rendered":"Aussie economy losing momentum? &#8211; MacroBusiness"},"content":{"rendered":"<p>After this month\u2019s stronger-than-expected June quarter national accounts release, which saw the economy grow by 0.6% over the quarter (faster than consensus and the RBA\u2019s forecasts), Westpac\u2019s leading index, which indicates the likely pace of economic activity relative to trend three to<br \/>nine months into the future, has stalled.<\/p>\n<p>The six-month annualised growth rate in the Westpac\u2013Melbourne Institute Leading Index dropped back to \u20130.16% in August from +0.11% in July.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/09\/Westpac-leading-index.png\" width=\"660\" height=\"445\" alt=\"Westpac leading index\"\/><\/p>\n<p>It was the first below-trend reading since September 2024, suggesting that momentum is proving hard to sustain.<\/p>\n<p>Advertisement<\/p>\n","protected":false},"excerpt":{"rendered":"After this month\u2019s stronger-than-expected June quarter national accounts release, which saw the economy grow by 0.6% over the&hellip;\n","protected":false},"author":2,"featured_media":149359,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":["post-149358","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/149358","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=149358"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/149358\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/149359"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=149358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=149358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=149358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}