SYDNEY—Australia’s economy grew by less than expected in the third quarter, fanning concerns that the Reserve Bank of Australia may have hit the policy brakes too hard by continuing to raise interest ...

SYDNEY (Reuters) -Australia's economy grew at the fastest annual pace in almost two years in the second quarter as consumers finally started spending after multiple rate cuts, taking over from the ...

Australia has long been known for its prosperous economy, with many calling it “The Lucky Country.” But that luck may be running out. While the nation’s overall economy isn’t in recession, its people ...

After three decades of uninterrupted economic expansion, Australia’s economic performance is no longer the global benchmark it once was. Once celebrated for its resilience, particularly during the ...

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 Chalmers ...

SYDNEY, March 1 (Reuters) - Australia's economy grew at its weakest pace in a year last quarter as strength in trade was offset by rising interest rates and high inflation, and all the signs are a ...

SYDNEY—The Reserve Bank of Australia now feels that risks around the outlook for the economy are slightly more balanced than earlier in the year, while signaling that it isn’t ruling any policy ...

As recession risks in Australia mount, one unexpected factor could deliver a boost to the economy just when it’s under maximum pressure from the Reserve Bank’s aggressive interest-rate increases: ...