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 ...

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 lower than the market had been hoping for, and the breakdown of growth is ...

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 ...

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 4 (Reuters) - Australia's economy in the third quarter grew at the slowest annual pace since the pandemic, disappointing hopes for a rebound as government spending did all of the heavy ...

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 ...

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 ...

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.

A new report suggests the pessimism might be overdone.

Australia’s Cloud Computing Growth to Reach $81 Billion by 2029 Your email has been sent AIIA's report reveals Australia's cloud computing sector will contribute $81B to GDP by 2029, driving job ...

Having won re-election in a landslide in May, Australia’s Labor government has a big mandate to do something about this. Jim Chalmers, the treasurer, says driving up productivity is his priority. The ...