SYDNEY (Reuters) -Australia's economic outlook is balanced at the moment with risks on both the upside and downside, while there are signs consumer spending is picking up, a top central bank official ...

Australia’s unemployment rate rose to 4.5 per cent in April, the highest since 2021, after nearly 19,000 jobs were lost, ...

Talk of a recession in Australia has picked up in recent weeks. Rising fuel prices, a sharp fall in consumer confidence, and signs of softer spending have all added to concerns the economy may be ...

SYDNEY, Dec 3 (Reuters) - Australia's economy grew at the fastest annual pace in two years in the September quarter, fuelled by business, government and consumer spending as markets wagered the next ...

SYDNEY—Australia’s economy slowed sharply in the first three months of 2025, leaving it vulnerable to emerging weakness in world growth as the global trade war and a surge in geopolitical risk ...

A poll shows most Australians think the country is either in a recession or will be soon. Economists have a different view ...

(Bloomberg) -- Australia’s central bank raised its key interest rate Tuesday, the first major monetary authority to hike this year, after judging inflation pressures were persistent enough to warrant ...

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 ...

Australia’s treasurer touted the latest budget as reform-focused and the most ambitious in a generation. Economists hope that ...

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 ...

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 ...