GDP rose 2.1% year on year, marking its strongest expansion since the third quarter of 2023 when the economy grew at the same rate.

After three decades of uninterrupted economic expansion, Australia’s economic performance is no longer the global benchmark it once was. Once celebrated for its resilience, particularly during the ...

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 ...

Australia has unveiled a new National Interest Framework which integrates security considerations into domestic economic policy, aiming to secure economic resilience and security amidst changing ...

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 ...

CANBERRA/SYDNEY, Dec 3 (Reuters) - Australia's top central banker said on Wednesday the economy was likely already at its potential growth limit and, should inflation turn out to be more persistent ...

The Australian economy has had a tough few years, but there are some reasons to be positive, and other reasons to be not so positive. As 2024 draws to a close, a turbulent, torrid year in the ...

Australian economic growth momentum has softened during 2023 due to the cumulative impact of monetary policy tightening since May 2022. The Judo Bank Flash Australia Composite PMI Output Index for ...

Government agency Jobs and Skills Australia (JSA) reported Thursday that entrenched gender segregation in Australia’s labor market is holding back productivity and worsening long-term income ...

Mike is joined by Dr. John Kunkel, Senior Economics Adviser at the United States Studies Centre. Dr. Kunkel has worked as an economist, speech writer, policy analyst, and adviser to government and ...

Australia has not escaped the threat of increased tariffs on its exports to the U.S., but it does have one world-class industry which is reveling in commodity market confusion, gold. Rising production ...

Jason Murphy is an economist first and foremost. He began his career with the Australian Treasury and later shifted to journalism at the Australian Financial Review. He has written for a range of ...