Malcolm Turnbull will have a skip in his step after annual economic growth accelerated to 3.1 per cent, enforcing his election mantra of "jobs and growth".
The national accounts released on Wednesday showed the economy grew by a strong 1.1 per cent in the March quarter, led by a solid one percentage point contribution from exports and a 0.4 percentage point support from household consumption.
However, the strong result lessens the need for a further cut in official interest rates.
Mr Turnbull said there were strong signs in the accounts.
"So far, so good," he told reporters in Brisbane.
"We are seeing strong growth in jobs but we are seeing, however, signs that we cannot be complacent."
He said the strong growth figures didn't happen by accident and requires a clear economic plan and strong economic leadership.
