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Economy News Australia Economy Surprisingly Slows As Rate Hikes Damp Spending | RobinsPost News & Noticias

Trump tariffs to slow Australia's economy but recession not expected, Treasurer says


Australia will be able to manage the direct impact of U.S. President Donald Trump's tariffs but economic growth will take a hit as the global economy slows, Treasurer Jim Chalmers said on Monday. Read More

Australia's core inflation slows to 3-year low in Q1, supports May rate cut


By Stella Qiu SYDNEY (Reuters) -Core inflation in Australia slowed to a three-year low in the first quarter as costs in the services sector cooled markedly, data showed on Wednesday, supporting the ... Read More

Australia retail sales rebound after fall, annual rate slows further


The sluggish trend in consumer spending is a major reason that the Reserve Bank of Australia paused its rate hikes for two straight months after jacking up rates by 400 basis points since May last ... Read More

Trump tariffs to slow Australia's economy but recession not expected, Treasurer says


SYDNEY (Reuters) -Australia will be able to manage the direct impact of U.S. President Donald Trump's tariffs but economic growth will take a hit as the global economy slows, Treasurer Jim ... Read More


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