Australia's economy expanded 1.3% year on year in the fourth quarter, accelerating for the first time since September 2023. The GDP growth beat expectations of a 1.2% rise from economists polled by ...

First quarter 2024 GDP growth slowed to just 0.1% QoQ. This brings the annual growth rate down from 1.5% to 1.1%. But while growth is slowing, inflation remains sticky - providing the Reserve Bank of ...

To receive market updates in your inbox, sign up to the newsletter Global Macro Playbook. Australia's economy grew at its slowest annual pace since the pandemic in the third quarter, disappointing ...

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 ...

Support for Australia’s center-left Labor government has slumped after a week of poor economic news and political tensions over immigration, according to a new poll, leaving Prime Minister Anthony ...

New research by the Reserve Bank of Australia suggests that quarterly volatility in growth may often, in fact, reflect measurement error rather than changing economic ...

Australia is managing a soft landing amid an uncertain global outlook. Following a period of high inflation and excess demand ...

Australia's economy grew a solid 0.6 percent last quarter on strong domestic demand, yet tumbling commodity prices and a slowdown in China have darkened the outlook enough to put a rate cut on the ...

Australia’s economic growth accelerated in the second quarter, led largely by household consumption and reinforcing the case for the Reserve Bank to keep interest rates unchanged later this month.