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 ...
Australian Treasurer Chalmers poses for a photograph as he arrives to attend a G20 finance ministers' and Central Bank governors' meeting at Gandhinagar SYDNEY (Reuters) -Australia will be able to ...
SYDNEY—Australia’s economy would have contracted sharply in the third quarter had it not been for a wave of state and federal government spending keeping it afloat, Treasurer Jim Chalmers said ...
(Bloomberg) -- China’s slowdown, weaker domestic growth and the need for additional spending in some areas are delivering headwinds for Australia’s economy, Treasurer Jim Chalmers said ahead of a ...
Australia's economy grew less than expected in the first quarter this year. The Reserve Bank of Australia slashed rates to its lowest level in two years at its last meeting in May. Inflation in the ...
Australia has long been known for its prosperous economy, with many calling it “The Lucky Country.” But that luck may be running out. While the nation’s overall economy isn’t in recession, its people ...
SYDNEY—Australia’s second-quarter economic growth was better than expected but remained sluggish overall as investment weakened. The economy grew 0.6% in the second quarter from the prior quarter, ...