Economists pushed back on RBA governor Michele Bullock’s claim that inflation was driven by ‘temporary’ factors, saying there ...

Australia has reported a faster-than-expected 1.1 percent expansion in the final three months of last year, as resurgent coal and iron ore prices helped the country avoid recession FILE - In this ...

SYDNEY (Reuters) - The risk of Australia's economy slipping into recession has risen sharply, after the central bank surprised markets this week by raising rates and warned it could tighten again to ...

(Bloomberg) — Australia’s risk of an economic downturn jumped to the highest level since the pandemic, a Bloomberg survey showed, with the Reserve Bank now expected to raise interest rates again to ...

Despite a focus on housing policy by the Albanese government, in reality there is well and truly a recession in building ...

(Bloomberg) -- Australia’s interest rates will need to rise further to return inflation to the Reserve Bank’s 2-3% target and a recession is quite possible, according to Jonathan Kearns, a former ...

Australia can avoid a recession but the impact of the global downturn on the economy is uncertain, according to the deputy governor of the Reserve Bank, Ric Battelino. Battelino was speaking at the ...

WELLINGTON, New Zealand - Australia’s economy grew by 3.3% in the third quarter, rebounding from its first recession in nearly three decades as it recovered from pandemic-related shocks, according to ...

Could Australia experience a recession in the next few years? Absolutely. Is it probable? Not yet, but let’s explore how it might unfold. Speculating about a recession is fraught with difficulties.

SYDNEY: Australia has fallen into recession for the first time in three decades and Brazil's economy shrank by almost 10% because of the coronavirus, leaving China as the only major nation still ...

Add articles to your saved list and come back to them any time. Better-than-expected national balance of payment figures released on Tuesday indicate Australia may have avoided recession in the first ...