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The GDP figure comes as the Reserve Bank of Australia slashed rates to its lowest level in two years to bolster growth.
Australia's economy has barely moved in the last quarter — GDP slowed to 0.2 per cent in the first three months of 2025, down ...
Australia's economy barely grew in the first quarter as consumers stayed stubbornly frugal and government spending, the ...
Events in the global economy are clearly weighing on the Reserve Bank of Australia, and money markets expect further cuts.
Australia is officially back in a per capita recession, but there could be a silver lining for struggling mortgage holders.
SYDNEY] Australia’s economy barely grew in the first quarter as consumers stayed stubbornly frugal and government spending, ...
SYDNEY (Reuters) -Australia's independent wage-setting body on Tuesday raised the national minimum wage by 3.5% effective ...
Nobel Prize-winning economist and Columbia University professor Joseph Stiglitz accused the IMF of acting like a “colonial ...
The expectations of an interest rate cut next month has soared in recent days. It, and more predicted cuts to come, could ...
Australia’s central bank has reduced its benchmark interest by a quarter percentage point for a second time this year to 3.85% after inflation fell within a target range.
The GDP figure comes as the Reserve Bank of Australia slashed rates to its lowest level in two years to bolster growth.