Australia’s imbalanced economy has a dangerous over-reliance on historical high and unsustainable public spending while inflation remains stubbornly elevated and the likelihood of deeper rate hikes ...

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 ...

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 ...

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 ...

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 ...

SYDNEY—Inflation pressures across the Australian economy continued to abate in May, setting the stage for a third cut in interest rates by the Reserve Bank of Australia next month. The monthly CPI ...

This begins with an honest recognition of the changing direction of US policy, stated plainly and directly to the Australian ...

After such a long period of miserable figures, seeing the economy grow closer to 3% is a relief The latest GDP figures showing Australia’s economy grew 2.6% last year is good news, but the data also ...

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 ...