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—Australia’s economy grew by less than expected in the third quarter, fanning concerns that the Reserve Bank of Australia may have hit the policy brakes too hard by continuing to raise interest ...

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 ...

Australia’s economy is in a “pretty good spot” with inflation inside the central bank’s 2-3% target band and the labor market still tight, Governor Michele Bullock said Friday. “We’ve got a good ...

CANBERRA/SYDNEY (Reuters) -Australia's economy is in a good place, its top central banker said on Monday, while slowing inflation and a resilient labour market mean policymakers have room to ease ...

SYDNEY (Reuters) -Australia will be able to manage the direct impact of U.S. President Donald Trump's tariffs but economic growth will take a hit as the global economy slows, Treasurer Jim Chalmers ...

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 ...

(Bloomberg) -- Australia faces the threat of short-term economic pain in the form of reduced output and further inflation pressures as a result of incoming US President Donald Trump’s policy agenda, ...

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, ...

A new report has revealed how Australia can lead in the new global AI economy, highlighting the nation’s most promising opportunities across all the components that power generative AI technology.