Australia has received another blow, with a global organisation issuing a dire forecast about the state of the nation’s ...
Growth in GDP per person has averaged just 0.7 per cent annually since 2020, the lowest level of any decade on record.
Australia’s economy is officially slowing down, as cost-of-living pressures, surging oil prices and slowing government spending combine for a lacklustre result. Fresh Australian Bureau of Statistics ...
Feeling gloomy about the future? You’re not alone. New data shows economic pessimism is growing in Australia, and the implications reach far beyond the hip pocket. The latest Lowy Institute poll shows ...
Talk of a recession in Australia has picked up in recent weeks. Rising fuel prices, a sharp fall in consumer confidence, and signs of softer spending have all added to concerns the economy may be ...
Australia, once renowned for its long run of strong economic growth and high living standards, now faces declining household incomes, growing public debt, stagnant productivity and political tensions ...
SYDNEY—Australia’s economy slowed sharply in the first three months of 2025, leaving it vulnerable to emerging weakness in world growth as the global trade war and a surge in geopolitical risk ...
As the U.S. election enters its nail-biting final days, anxiety-riven commentary in Australia is grappling with the potential implications of the outcome. The selection of Donald Trump or Kamala ...
SYDNEY, Dec 3 (Reuters) - Australia's economy grew at the fastest annual pace in two years in the September quarter, fuelled by business, government and consumer spending as markets wagered the next ...
Australia has not escaped the threat of increased tariffs on its exports to the U.S., but it does have one world-class industry which is reveling in commodity market confusion, gold. Rising production ...
SYDNEY—Australian economic growth slowed in the first quarter of the year, when the central bank started raising interest rates and the Middle East conflict sent fuel prices surging. The economy ...