Australia is set to record the largest unemployment rate rise among advanced economies, a damning new report suggests.

The Australian economy expanded by 0.4% quarter-on-quarter in the second quarter of 2026, accelerating from a 0.3% growth rate in Q1 and topping market expectations of 0.3%. On an annual basis, GDP ...

Australia’s economy is officially slowing down, as cost-of-living pressures, surging oil prices and slowing government spending combine for a lacklustre result. Fresh Australian Bureau of Statistics ...

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 ...

Australian economic growth is stagnant and the economy is teetering on the brink of recession, according to the latest national accounts data released by the Australian Bureau of Statistics yesterday.

The Australian economy has had a tough few years, but there are some reasons to be positive, and other reasons to be not so positive. As 2024 draws to a close, a turbulent, torrid year in the ...

Australian Treasurer Jim Chalmers said the US war with Iran has been an economic disaster, blaming the conflict for higher ...

SYDNEY, June 2 (Reuters) - Australia's net trade proved to be a major drag on the economy in the first quarter as imports of data centre equipment boomed and the value of fuel ‌shipments surged due to ...

For decades, China’s market of 1.4 billion people and extraordinary economic growth gave Australian exporters seemingly endless opportunities. The prevailing assumption was that China’s growing middle ...

Some of Australia’s most powerful policy institutions are now being led by female economists. Between 2023 and 2026 came a remarkable run of firsts. Danielle Wood became the first woman to chair the ...

SYDNEY, June 3 (Reuters) - Australia's economy slowed in the March quarter as ⁠strength ⁠in business investment was offset by a ⁠drag from trade, data showed on Wednesday, while higher borrowing costs ...