Australians are buying EVs instead of holidaying in Europe – and other things we learned from the national accounts

Record sales of EVs and hybrids bolstered spending in the quarter, the ABS said, accounting for three-quarters of the 0.4% quarterly growth in consumption. Photograph: Con Chronis/AAP

The Australian Bureau of Statistics released its latest set of national accounts, which give us a snapshot of how the economy is performing in the quarter and what’s happening under the hood.

Here are the three things you need to know.