Australia’s Economy Barely Registers Pulse in First Quarter

SYDNEY—Growth in Australia’s commodity-rich economy barely registered a pulse in the first quarter, as the impact of high interest rates and climbing costs due to nagging inflation pressures ... Read More

Australia’s economy is ‘a heartbeat away from recession’

Australia’s sharp economic slowdown over the past six months has put the nation “a heartbeat away from a recession”, as analysts warned growth in the year to March likely plunged to its ... Read More

Australian Consumers Remain Downbeat About Economic Outlook - MSN

SYDNEY—Australian consumer confidence fell in September amid concerns about job security as economic growth slows to a crawl. The Westpac-Melbourne Institute Consumer Sentiment Index slipped 0.5 ... Read More

Interest rates, inflation: Australia’s per capita recession extends ...

“The Australian economy continues to be positive but it is weak.” ABS head of national accounts Katherine Keenan said the economy grew for the 12th quarter in a row but had continued to slow ... Read More

Australia’s economy stays subdued as consumers cut spending

Its Q2 GDP rose 0.2% from the prior quarter, propped up by government spending. Read more at straitstimes.com. Read more at straitstimes.com. Read More

Australia's economic head is 'barely above water'. Here's how that's ...

Australia's economic head is 'barely above ... told SBS News it shows that Australia's "economy is only barely keeping its head ... Australia's economy grew 0.2 per cent in the June quarter. Read More

Australia's economy growing at slowest pace since 1990s recession, as ...

Australia's economy grew by 0.2 per cent in the June quarter, and 1 per cent over the last year, according to the Australian Bureau of Statistics (ABS). It is the weakest rate of annual growth ... Read More

Australia's Economy Barely Registers Pulse in First Quarter — Update

SYDNEY--Growth in Australia's commodity-rich economy barely registered a pulse in the first quarter, as the impact of high interest rates and climbing costs due to nagging inflation pressures ... Read More