MacroBusiness2d
Australia’s economy is a productivity desert
Alex Joiner, chief economist at IFM Investors, has published a series of charts illustrating the explosive growth in ...
Australia reports fourth-quarter GDP growth of 1.3%, beating estimates
The GDP growth beat expectations of a 1.2% rise from economists polled by Reuters. The data comes after Australia's central ...
Australian Gross Domestic Product expands 0.6% QoQ in Q4 vs. 0.5% expected
Australia’s Gross Domestic Product (GDP) grew 0.6% QoQ in the fourth quarter (Q4) of 2024 compared with the 0.3% growth in ...
MacroBusiness8d
Australian economy emerges from recession
The Australian Bureau of Statistics (ABS) has released the national accounts for Q4 2024, which revealed that the economy has ...
Australia’s economy has turned the corner, and consumer spending was a big help
Australia’s economy expanded at the fastest pace in two years in the December quarter, boosted by an improvement in household ...
The secret chart the RBA used to justify its latest rate cut
The central bank’s deputy governor revealed a previously secret graph that showed inflation would have fallen below target if ...
Australian Dollar falls due to market caution ahead of US NFP
The Australian Dollar (AUD) remains subdued against the US Dollar (USD) for the second consecutive day on Friday. The AUD/USD ...
The Straits Times7d
Australia’s economic growth passes trough as households revive
SYDNEY – Australia’s economy picked up the pace in the final three months of the year, boosted by a revival in household spending, though the outlook remains clouded by persistent inflation at ...
Australia, a natural partner for India’s growth trajectory
The launch of the New Roadmap for Australia’s Economic Engagement with India sets out how Australia can contribute to and ...