"Australia is undergoing one of the largest structural changes in modern history, comparable in scale to the mining ...
Australia’s central bank raised its key interest rate Tuesday, the first major monetary authority to hike this year, after ...
SYDNEY (Reuters) -Australia's economy grew at the fastest annual pace in almost two years in the second quarter as consumers finally started spending after multiple rate cuts, taking over from the ...
Australians are again bracing for rate pain, as an overheating economy forces the central bank to tighten the policy screws ...
Australia's economy showed surprising strength in the second quarter of 2025. GDP grew by 0.6% quarter-on-quarter, an acceleration from the upwardly revised 0.3% in Q1 and beating the market forecast ...
Australia's economy grew by 0.4% in the third quarter of 2025, marking its 16th consecutive quarter of GDP expansion. While this followed an upwardly revised reading for Q2, it fell short of market ...
Prior to the 2022 federal election, then Shadow Treasurer, Jim Chalmers, reiterated breathlessly that Labor was going to “go ...
The country's benchmark rates are now at to 3.6%, their lowest since April 2023. The RBA had downgraded its full year GDP forecasts for 2025 to 1.7% from 2.1% Falling inflation had led to the rate cut ...
Whoever wins Saturday’s Australian federal election will face an inescapable reality: The three pillars of the nation’s 30-year outperformance that gave rise to its “miracle economy” moniker are ...
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 long been known for its prosperous economy, with many calling it “The Lucky Country.” But that luck may be running out. While the nation’s overall economy isn’t in recession, its people ...