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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 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
1d
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.
4h
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.
15h
Australia’s economic growth remains sluggish
Australia’s economic growth remained sluggish last quarter as a surge in government spending underpinned the expansion, ...
1d
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, ...
10h
on MSN
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
‘Positive but weak’: Australian economy extends per capita GDP slump record into a seventh quarter
The Treasurer has attempted to hang his hat on wages growth as the Australian economy posts its seventh straight quarterly ...
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