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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’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.
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
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.
10h
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, ...
yourlifechoices.com.au
9h
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 ...
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, ...
2d
Australia Q3 Government Spending Jumps, Boosts Economic Growth
Total investment in fixed assets by the government and public enterprises surged 6.3% to A$36.9 billion. In all, the ABS ...
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