News

China – $37.1T China continues to secure its place as the powerhouse of the BRICS nations with an astounding GDP of $37.1 ...
The Reserve Bank of Australia’s (RBA) unexpected decision to keep the cash rate unchanged this week has caught economists and financial institutions by surprise. Following months of speculation about ...
The physical backbone of AI infra is growing at a fast pace, according to Dell'Oro, which stated that the DCPI market surged ...
Recurring talk among Australian politicians about streaming quotas for local music has sparked Spotify’s policy team into action.
The RBA said it was waiting for “a little more information to confirm that inflation remains on track to reach 2.5 per cent ...
Data centres promise to boost the economy. But the everyday realities of communities living near them aren’t as optimistic.
As Treasurer Jim Chalmers put it, “We want good things to happen, we’ve got to stop strangling good things from happening.” ...
Job vacancies in Australia rebounded in the May quarter, led by openings in the construction and professional sectors, data ...
Australias consumer price index (CPI) inflation eased more than expected in May, reinforcing expectations of further interest ...
But unlike most of the OECD, the Australian economy is actually not keeping pace with population growth. Real GDP per person – a common proxy for living standards – fell 0.5 per cent last year.
The Australia Bureau of Statistics data was significantly weaker than the Reserve Bank’s forecast for a 0.45 per cent rise and left the annual pace of GDP growth steady at 1.3 per cent, well ...
Real gross domestic product (GDP) rose 0.2% in the March quarter, slowing sharply from the 0.6% gain in the previous quarter, Australian Bureau of Statistics data showed on Wednesday.