Australia's economy grew at the slowest annual pace since the pandemic in the third quarter, disappointing hopes for a ...

Expectations for a May rate cut also increased. The Reserve Bank of Australia (RBA ... 0.6 percentage points to growth. Household spending, representing half of GDP, remained stagnant.

SYDNEY (Reuters ... growth would pick up to 1.5% by the end of the year as tax cuts flowed through to households' wage pockets and consumers became more confident that interest rates would ...

Fresh data released by the Australian Bureau of Statistics last week showed a surprise drop in the unemployment rate to 3.9 per ... was reduced momentum in GDP growth. The minutes added that ...

Official forecasts have Australia trimming interest rates from the first half of calendar 2025 ... outside of the pandemic.

After growing at just 0.2% QoQ in the previous three quarters, Australia’s GDP growth in 3Q24 rose to ... 64 cents after the release, while cash rate futures showed more chance of an RBA ...

“Weak growth highlights the need for interest rate cuts but this is difficult for the RBA to deliver ... Further complicating the RBA’s inflation fight is Australia’s poor productivity, economists ...

Australia's unemployment rate fell to 3.9 per cent in November, down from 4.1 per cent in October. Bureau of Statistics (ABS) ...

It is fair to say that the Reserve Bank of Australia (RBA) would already be cutting interest rates if not for the nation’s ...

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 ...