The Australian economy issued its Gross Domestic Product reading (QoQ) concerning the first quarter, where the index widened by 0.5% from a pervious of 0.9 % revised to 1.1%, while the forecasted was 0.5%.

Moreover, The GDP (YoY) concerning the first quarter widened with 2.7% from a previous of 2.7% revised to 2.8%, while expectations was 2.4%.