SYDNEY (Reuters) -Australia's economic outlook is balanced at the moment with risks on both the upside and downside, while there are signs consumer spending is picking up, a top central bank official ...

The latest budget contains tentative steps toward long-awaited economic reform, while providing cost-of-living relief and ...

Australia’s treasurer touted the latest budget as reform-focused and the most ambitious in a generation. Economists hope that ...

Talk of a recession in Australia has picked up in recent weeks. Rising fuel prices, a sharp fall in consumer confidence, and signs of softer spending have all added to concerns the economy may be ...

The Australian economy has had a tough few years, but there are some reasons to be positive, and other reasons to be not so positive. As 2024 draws to a close, a turbulent, torrid year in the ...

Australia, once renowned for its long run of strong economic growth and high living standards, now faces declining household incomes, growing public debt, stagnant productivity and political tensions ...

The Australian Bureau of Statistics is forecast to post a positive gain in jobs when it publishes new data, as economists ...

The consumer price index rose 3.8% in October, beating economists' forecast for a 3.6% rise. The largest contributor to the elevated inflation was the housing sector, which saw prices rise 5.9%. On a ...

The latest round of high-level engagements between Australia and Japan reflects far more than routine diplomatic interaction.

Battered by higher interest rates and the global energy shock stemming from Persian Gulf hostilities, a leading Australian economic index turned negative in March, reported Westpac Economics, a part ...