The Australian economy grew by 0.4 per cent in the June quarter as consumers spent more on electric vehicles as they deal with the fallout from the war against Iran.

The Australian economy grew by 0.4 per cent in the June quarter as consumers spent more on electric vehicles as they deal with the fallout from the war against Iran.

Tax changes are also contributing to the downtown as Treasurer Jim Chalmers defends budget forecasts that predicted a 2 per cent drop in prices.