Australia has received another blow, with a global organisation issuing a dire forecast about the state of the nation’s economy.
SYDNEY--Australia's job market roared back to life in June with 76,300 jobs added to the economy over the month, nearly four times the number expected by economists. The result underscores resilience ...
Growth in GDP per person has averaged just 0.7 per cent annually since 2020, the lowest level of any decade on record.
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Australia’s economy officially hits the skids
Australia’s economy is officially slowing down, as cost-of-living pressures, surging oil prices and slowing government spending combine for a lacklustre result. Fresh Australian Bureau of Statistics ...
Australia's resilience weathered the pandemic, inflation and the fastest interest-rate tightening without falling into ...
Talk of a recession in Australia has picked up in recent weeks. Rising fuel prices, a sharp fall in consumer confidence, and signs of softer spending have all added to concerns the economy may be ...
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 ...
Australia, once renowned for its long run of strong economic growth and high living standards, now faces declining household incomes, growing public debt, stagnant productivity and political tensions ...
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 ...
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14don MSNOpinion
How a nationwide Telstra outage rocked the Australian economy – and what we can learn
On Wednesday morning, Telstra’s mobile network suffered a major outage, leaving thousands of Australians unable to make phone calls or access data. According to the company, a “software defect” ...
As the U.S. election enters its nail-biting final days, anxiety-riven commentary in Australia is grappling with the potential implications of the outcome. The selection of Donald Trump or Kamala ...
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