News

Australia’s economy was the envy of the world. Now it’s falling behind. After a record-breaking streak of growth, Australia is lagging behind its peers amid cost-of-living and productivity woes.
Australia's Labor government, elected for a second term last month, is focused on improving productivity, addressing the budget deficit and building a resilient economy as global volatility spikes, ...
Inflation pressures across the Australian economy continued to abate in May, setting the stage for a third cut in interest ...
Australia cut its forecast earnings from commodity exports, as a meteoric rise in gold prices fails to offset weakness in ...
Australia has posted yet another quarter of economic growth, bringing its jaw-dropping run without a recession to nearly 26 years. But is it a new record? The country's economy grew 0.3% in the ...
Australia's economy expanded in the second quarter, helping the country reach its 23rd consecutive year of growth and making it stand out among developed-world peers that fell into recession ...
Australia’s combined exports of the three natural resources work out to nearly 7,300 Australian dollars, or almost $5,000, a year for every adult and child in the country, giving broad political ...
The Australian economy grew 3.3% in the three months ended September compared to the prior quarter, the Australian Bureau of Statistics said Wednesday.
A major business forecaster is optimistic the pace of economic growth in Australia will accelerate over the next few years ...