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GDP, Australia
Australia's Q3 GDP growth disappoints, markets now see April start to rate cuts
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 lifting and consumers remained cautious.
Australia: GDP growth firms up in the third quarter
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 also disappointing
Australia’s GDP Growth Disappoints as Households Hunker Down
Australia’s economic growth remained sluggish in the three months through September as a surge in government spending helped overcome weak exports and restrained consumer demand.
2h
Australia is now an economic ‘problem child’: McKinsey
Business investment is at recession levels as the country’s productivity growth slumps to 30th out of 35 rich countries, says a new report.
9h
on MSN
‘Bad news’: Productivity declines in Australia’s economy
Judo Bank Chief Economic Advisor Warren Hogan says productivity decline is “bad news” for Australia. The latest GDP figures ...
13h
Australia’s economic growth remains sluggish
Australia’s economic growth remained sluggish last quarter as a surge in government spending underpinned the expansion, ...
Business Times
1d
Australia’s economic growth stays tepid in challenge for RBA
AUSTRALIA’S economic growth remained sluggish last quarter as a surge in government spending underpinned the expansion, ...
Sky News Australia on MSN
7h
Latest ‘troubling’ economic data indicate Australia is ‘lining up for a cost of living election’
Meanwhile, the annual
GDP
growth
was at 0.8 per cent. “I mean, seven quarters of negative
GDP
growth
per capita,” she ...
yourlifechoices.com.au
8h
Australians still feeling pain in the hip-pocket but there are positive signs of growth ahead
Stephen Bartos, University of Canberra Australia’s economic growth remains in the slow lane, at only 0.3% for the September ...
1d
Chalmers admits business must pull Australia out of growth slump
The outcome marked the weakest rate of annual GDP growth since the 1990s recession outside the COVID-19 pandemic, and the ...
EconoTimes
15h
FxWirePro: EUR/AUD uptrend resumes rise as Australian dollar hit hard by weak GDP
EUR/AUD gained on Wednesday as the Australian dollar attracted sellers after Australias Q3 GDP growth came in below ...
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