First quarter 2024 GDP growth slowed to just 0.1% QoQ. This brings the annual growth rate down from 1.5% to 1.1%. But while growth is slowing, inflation remains sticky - providing the Reserve Bank of ...
After growing at just 0.2% QoQ in the previous three quarters, Australia’s GDP growth in 3Q24 rose to 0.3%. However, this was lower than the market had been hoping for, and the breakdown of growth is ...
Australia fell into its deepest economic slump on record last quarter as coronavirus curbs paralysed business activity, while fresh outbreaks threaten to upend any immediate recovery, piling pressure ...
Australia's economy expanded 1.3% year on year in the fourth quarter, accelerating for the first time since September 2023. The GDP growth beat expectations of a 1.2% rise from economists polled by ...
SYDNEY, Dec 4 (Reuters) - Australia's economy in the third quarter grew at the slowest annual pace since the pandemic, disappointing hopes for a rebound as government spending did all of the heavy ...
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 ...
The AUD/USD fell by 0.06%. Following a 0.22% decline on Monday, the Australian dollar ended the session at $0.65038. The Australian dollar fell to a low of $0.64772 before rising to a high of $0.65208 ...
Support for Australia’s center-left Labor government has slumped after a week of poor economic news and political tensions over immigration, according to a new poll, leaving Prime Minister Anthony ...
Australia’s Cloud Computing Growth to Reach $81 Billion by 2029 Your email has been sent AIIA's report reveals Australia's cloud computing sector will contribute $81B to GDP by 2029, driving job ...