Australian household spending growth was solid for a second month in November as consumers splashed out on Black Friday sales ...

SYDNEY (Reuters) -Australia's economy barely grew in the first quarter as consumers stayed stubbornly frugal and government spending, the engine of activity last year, sputtered to a standstill, ...

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 ...

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 ...

SYDNEY, March 6 (Reuters) - Australia's economy grew at a snail's pace in the December quarter as a punishing squeeze on household incomes brought consumer spending to a standstill, reinforcing market ...

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 ...

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 ...

The Australian government has a keen motivation to incentivize the emergence of new industries that will protect its standards of living and advance its strategic position. Increasingly economic ...

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 ...

Australia’s economy grew at a surprisingly softer pace last quarter, clouding the picture on its underlying strength and suggesting markets may have been premature in pricing interest-rate hikes. (Dec ...

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 ...

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 ...