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 ...

Australia’s government conducted scenario analysis in its annual budget under which the war in Iran intensifies, driving oil ...

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 ...

Oil prices at that level in the July-to-September period would drive the Australian economy into contraction in that quarter ...

By Stella Qiu SYDNEY, May 11 (Reuters) - Australia is expected to deliver a smaller than initially forecast budget deficit this week as the government banks revenue windfalls from higher commodity ...

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, 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 ...

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, ...

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

The Australian government has a keen motivation to incentivize the emergence of new industries that will protect its standards of living and advance its strategic position. Increasingly economic ...

The trend has been accelerated by the US-Israel war on Iran, leaving households – and cafe owners – glum, surveys suggest ...

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 ...