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Australia, GDP
Australia's Q3 GDP growth disappoints, markets now see April start to rate cuts
Australia's economy grew at the slowest annual pace since the pandemic in the third quarter, disappointing hopes for a rebound as government spending did all of the heavy lifting.
Australia's third-quarter GDP grows at a slower-than-expected 0.3% amid higher rates and sticky inflation
Australia's economy grew at slower than expected in the third quarter, as elevated borrowing costs and sticky inflation continued to weigh down on the slowing economy.
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
2d
on MSN
Australia's Q3 GDP growth disappoints hopes for a rebound
Australia's economy grew at the slowest annual pace since the pandemic in the third quarter, disappointing hopes for a ...
2d
on MSN
Australia's economy growing at slowest pace in decades, propped up by government spending
Australia's economy is growing at its slowest pace in decades, with government support keeping households afloat.
1h
Australia’s economic problems have been brewing for years
We are in the most prolonged downturn since the 1991 recession. It’s time for a treasurer to do something about it, writes ...
1h
Australian GDP figures reveal plunge in the economy
The data showed that, were it not for increased government spending, the Australian economy would be in a recession.
7h
Australian Dollar continues being punished by investors after weak GDP readings
AUD/USD holds near four-month lows near 0.6400, pressured by disappointing Q3 GDP figures in Australia. The RBA’s dovish expectations gain traction, with markets now anticipating rate cuts starting in ...
1d
Australia’s economic growth remains sluggish
Australia’s economic growth remained sluggish last quarter as a surge in government spending underpinned the expansion, ...
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