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 ...
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 ...
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 ...
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 ...
‘Health is wealth’ is a saying that most Aussies live and breathe – and right now, our nation is deep in its wellness era. Bougie gyms are popping up on every street corner, sauna sessions have ...
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 ...
As recession risks in Australia mount, one unexpected factor could deliver a boost to the economy just when it’s under maximum pressure from the Reserve Bank’s aggressive interest-rate increases: ...