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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 economic growth weaker than expected, could lead to early rate cut
Australia’s weaker-than-expected national accounts data for the September quarter have reinforced market expectations the Reserve Bank will be cutting interest rates in 2025.
1d
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 ...
2d
Australia’s economic growth remains sluggish
Australia’s economic growth remained sluggish last quarter as a surge in government spending underpinned the expansion, ...
3d
Australia’s per capita recession extends to seventh quarter
Australia’s economy held up in the September quarter, backed by strong government spending on infrastructure and subsidies, ...
3d
This is the problem that CEOs have with GDP
Another tepid set of GDP numbers will heap more pressure on the government. But it’s the next 20 years of GDP that both sides ...
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