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 ...
The Australian economy is likely to avoid recession but slow significantly, according to the latest Russell Investments Market Barometer. The Barometer, released this month, acknowledges that the ...
SYDNEY, Feb 22 (Reuters) - National Australia Bank NAB.AX Chief Executive Officer Ross McEwan said on Thursday that inflation was easing in Australia and interest rates appear to have peaked. "I am ...
The abrdn Australia Equity Fund Inc is a closed-end fund that invests in Australian companies listed on the Australian Stock Exchange. IAF aims to achieve long-term capital appreciation and deliver ...
SYDNEY, Nov 30 (Reuters) - Australia's economy is expected to have grown by the most in 12 years last quarter, though the country is not out of the woods yet with fiscal stimulus being tapered and ...
The news: Treasurer Jim Chalmers has said he does not believe Australia is heading for a recession, and that opposition leader Peter Dutton has been “lying” about the issue. The numbers: The comments ...
SYDNEY (Reuters) - Australia's economy rebounded sharply in the third quarter from a coronavirus-induced recession as consumer spending surged though the country's top central banker signalled ...
SYDNEY—Australia’s commodity-rich economy is on track for a soft landing, despite an alarming slowdown over the last year, supported by a household savings and an injection of pension funds as members ...
Australia's economic output is shrinking again as immigration soars - threatening to revive a long-running per capita recession. Gross domestic product per capita - or the average amount produced by ...