Australians are again bracing for rate pain, as an overheating economy forces the central bank to tighten the policy screws ...

The country's GDP expanded 2.1% compared with the same period a year earlier. On a quarter-on-quarter basis, Australia's GDP grew 0.4%. Domestic final demand contributed 1.1 percentage points to ...

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 ...

Prior to the 2022 federal election, then Shadow Treasurer, Jim Chalmers, reiterated breathlessly that Labor was going to “go ...

Australia's economy showed surprising strength in the second quarter of 2025. GDP grew by 0.6% quarter-on-quarter, an acceleration from the upwardly revised 0.3% in Q1 and beating the market forecast ...

The country's benchmark rates are now at to 3.6%, their lowest since April 2023. The RBA had downgraded its full year GDP forecasts for 2025 to 1.7% from 2.1% Falling inflation had led to the rate cut ...

Australia's economy grew by 0.4% in the third quarter of 2025, marking its 16th consecutive quarter of GDP expansion. While this followed an upwardly revised reading for Q2, it fell short of market ...

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 ...

Australia’s economy is in a “pretty good spot” with inflation inside the central bank’s 2%-3% target band and the labor market still tight, Governor Michele Bullock said Friday. “We’ve got a good ...