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The GDP figure comes as the Reserve Bank of Australia slashed rates to its lowest level in two years to bolster growth.
Events in the global economy are clearly weighing on the Reserve Bank of Australia, and money markets expect further cuts.
Australia's economy has barely moved in the last quarter — GDP slowed to 0.2 per cent in the first three months of 2025, down ...
Australia's economy barely grew in the first quarter as consumers stayed stubbornly frugal and government spending, the ...
Australia is officially back in a per capita recession, but there could be a silver lining for struggling mortgage holders.
Nobel Prize-winning economist and Columbia University professor Joseph Stiglitz accused the IMF of acting like a “colonial ...
SYDNEY] Australia’s economy barely grew in the first quarter as consumers stayed stubbornly frugal and government spending, ...
SYDNEY (Reuters) -Australia's independent wage-setting body on Tuesday raised the national minimum wage by 3.5% effective ...
Consumers refrain from spending despite lower borrowing costs, cooling inflation. Read more at straitstimes.com. Read more at ...
BENGALURU (Reuters) - Australian home prices will rise a steady 4–5% each year over the next three years in an already ...
The GDP figure comes as the Reserve Bank of Australia slashed rates to its lowest level in two years to bolster growth.