Australia's economy looks to be stagnant in the near term, the latest survey from Westpac Bank showed on Wednesday with a flat leading index reading.
That's down from the upwardly revised 0.08 percent gain in July (originally 0.05 percent).
The six-month annualized growth rate in the index rose from -0.01 percent in July to +0.20 percent in August.
The positive Index growth rate follows 15 consecutive months where growth has been below trend.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.