SYDNEY, June 2 (Reuters) - Australia's net trade proved to be a major drag on the economy in the first quarter as imports of ...

Australia, once renowned for its long run of strong economic growth and high living standards, now faces declining household incomes, growing public debt, stagnant productivity and political tensions ...

Talk of a recession in Australia has picked up in recent weeks. Rising fuel prices, a sharp fall in consumer confidence, and signs of softer spending have all added to concerns the economy may be ...

The Australian economy has had a tough few years, but there are some reasons to be positive, and other reasons to be not so positive. As 2024 draws to a close, a turbulent, torrid year in the ...

SYDNEY—Australia’s economy slowed sharply in the first three months of 2025, leaving it vulnerable to emerging weakness in world growth as the global trade war and a surge in geopolitical risk ...

Australia has not escaped the threat of increased tariffs on its exports to the U.S., but it does have one world-class industry which is reveling in commodity market confusion, gold. Rising production ...

Australia's economy grew by 0.4% in the third quarter of 2025, marking its 16th consecutive quarter of GDP expansion. While this followed an upwardly revised reading for Q2, it fell short of market ...

Australian Treasurer Jim Chalmers says his country will avoid a recession even if oil prices spiral higher (Kent Nishimura) · Kent Nishimura/AFP/AFP Australia will avoid recession even if a prolonged ...

Australia faces significant economic threats if US–China tensions escalate. Growing US protectionism may push Australia to reduce its economic reliance on China, but economic realities make decoupling ...

SYDNEY--Australia's economy is expected to report solid growth in the final quarter of last year, increasing pressure on the Reserve Bank of Australia to deliver a second interest-rate rise in as many ...