Australia's economic growth has bounced back, with Gross Domestic Product growing 1.2% in the June quarter.
The improvement follows a 0.9% fall in the March quarter, and was largely driven by a rise in business inventories and household spending.
City Index's chief market analyst Peter Esho says Australian economic growth is stronger than anyone expected.
He says the expectations are for the improvement trend to continue and there is a lot of momentum behind the Australian economy.
Australia's annual economic growth sits at 1.4%.
