Australia’s economic risks are rising with a trio of economic shocks set to smash an already slow growth rate. In a grim market update, HSBC chief economist Paul Bloxham has sounded the alarm on the ...
Australia’s economy is officially slowing down, as cost-of-living pressures, surging oil prices and slowing government spending combine for a lacklustre result. Fresh Australian Bureau of Statistics ...
Growth in the Australian economy is expected to be flat when new data is released on Wednesday, but Treasurer Jim Chalmers is ...
SYDNEY—The Australian government’s latest budget contains tentative steps toward long-awaited economic reform, while providing cost-of-living relief and boosting fuel security as the Iran war ...
Australia’s economy grew by 0.3% in the first three months of 2026, slowing from 0.9% growth at the end of 2025, according to the latest Australian Bureau of Statistics figures. Over the year to March ...
SYDNEY--Westpac expects credit losses to rise as customers of Australia's second-largest bank feel the impact of the Iran conflict on the local economy. The Sydney-based lender said asset quality had ...