Canberra, Sep 1 (TIWN) Australia's economy grew in the June quarter but economists warned that the growth could not last.

Mr Frydenberg said he was confident meeting the 70 per cent and 80 per cent vaccination thresholds outlined in the national plan would result in an easing of restrictions in the following quarter, helping the economy bounce back from the steep fall.

Growth for the year hit 9.6 per cent, the largest such increase in the nation’s history, largely due to the rapid recovery over late 2020 following a 7 per cent fall in the June quarter last year.

The national accounts released on Wednesday reinforced the underlying strength in the economy, which is now 1.6 per cent larger than before the coronavirus pandemic started, and suggests growth is only being constrained by stay-at-home orders.