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Business revenues declined in May for the first time since late 2024 in a fresh warning bell for Australia’s stumbling ...
Australia’s Gross Domestic Product (GDP) expanded 0.2% QoQ in the first quarter (Q1) of 2025 compared with the 0.6% growth in the fourth quarter of 2024, the Australian Bureau of Statistics (ABS ...
The Reserve Bank warns a failure to tackle challenges including trade tariffs, productivity slowdown and climate risks will put Aussie living standards at risk.
While Australia's headline GDP keeps chugging along, looking below the surface reveals a deeply troubled economy.
AMP Chief Economist Shane Oliver claims Australia’s economy is “struggling a little bit” despite an interest rate cut ...
Annual economic growth held steady at 1.3%, meaning the economy would need to rise by 0.7% in the June quarter to meet the Reserve Bank’s forecast of 1.8% growth year-on-year.
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. That was ...
Australia's real GDP rose 0.2 per cent in the March quarter, Australian Bureau of Statistics data showed on Wednesday, missing market forecasts of 0.4 per cent PHOTO: REUTERS [SYDNEY] Australia’s ...
We’re told Australia’s economy is world-beating. The data shows it’s not. Treasurer Jim Chalmers says Australia’s economic story is a one of “relative economic strength”.
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