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Australia's third-quarter GDP grows at a slower-than-expected 0.3% amid higher rates and sticky inflation
On an annualized basis, Australia's economy rose 0.8%, also missing Reuters estimate of a 1.1% growth, following a 1% rise ...
Australia's economy growing at slowest pace in decades, propped up by government spending
Australia's economy is growing at its slowest pace in decades, with government support keeping households afloat.
‘Positive but weak’: Australian economy extends per capita GDP slump record into a seventh quarter
The Treasurer has attempted to hang his hat on wages growth as the Australian economy posts its seventh straight quarterly ...
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Australia: GDP growth firms up in the third quarter
After growing at just 0.2% QoQ in the previous three quarters, Australia’s GDP growth in 3Q24 rose to 0.3%. However, this was ...
The real GDP problem CEOs need politicians to worry about
Another tepid set of GDP numbers will heap more pressure on the government. But it’s the next 20 years of GDP that both sides ...
Components of Australia’s economy ‘feel like a recession’
Australian Industry Group CEO Innes Willox says there are a lot of components of Australia’s economy which “feel like a ...
Australia public spending splurge carries economy in Q3
Australia's government ramped up spending on infrastructure and defence in the third quarter, data showed on Tuesday, making ...