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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 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.
18h
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.
15h
‘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 ...
17h
The real GDP problem CEOs need politicians to worry about
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 ...
17h
Components of Australia’s economy ‘feel like a recession’
Australian Industry Group CEO Innes Willox says there are a lot of components of Australia’s economy which “feel like a ...
18h
Australian Treasurer Chalmers sees positive but weak GDP growth in today's national accounts
Australia Treasurer Jim Chalmers said on Wednesday that the national accounts show positive but weak Gross Domestic Product (GDP) growth. Today's national accounts show positive but weak GDP growth.
1d
Australia public spending splurge carries economy in Q3
Australia's government ramped up spending on infrastructure and defence in the third quarter, data showed on Tuesday, making ...
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