Australian state governments are racking up a further $660bn in public debt due to spending “like they are in Covid lockdown” ...

The father of economics, championing competitive markets, free trade and a narrow role for government, would be perplexed by ...

SYDNEY (Reuters) -Australia's economy barely grew in the first quarter as consumers stayed stubbornly frugal and government spending, the engine of activity last year, sputtered to a standstill, ...

Australian household spending growth was solid for a second month in November as consumers splashed out on Black Friday sales ...

SYDNEY (Reuters) -Australia's economy grew at the fastest annual pace in almost two years in the second quarter as consumers finally started spending after multiple rate cuts, taking over from the ...

For decades, Australia’s economy was a model of resilience and prosperity, one that the rest of the world envied. It avoided recession during the 2008 financial crisis, posted uninterrupted growth for ...

The latest CPI data takes the pressure off the Reserve Bank of Australia to raise interest rates at its next policy meeting.

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 ...

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 ...

Government agency Jobs and Skills Australia (JSA) reported Thursday that entrenched gender segregation in Australia’s labor market is holding back productivity and worsening long-term income ...

Australia’s economy grew at a surprisingly softer pace last quarter, clouding the picture on its underlying strength and suggesting markets may have been premature in pricing interest-rate hikes. (Dec ...