Australia has entered its first recession since 1991 after the economy shrank 7 percent in the second quarter, official figures showed Wednesday, as the country reels from the coronavirus pandemic. A ...

SYDNEY, Dec 2 (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 ...

After a difficult few years, the Australian economy has clawed its way back to what the central bank chief calls “a pretty ...

What is a recession? What are the key indicators of a recession? How do government and central banks respond to recessions? What are the causes of recessions? How can individuals and businesses ...

Australians born today in the ACT can expect to enjoy a longer life than anywhere else in the country, according to the latest data from the Australian Bureau of Statistics (ABS). The data released on ...

President Donald Trump's aggressive tariffs have shaken investors' faith in U.S. markets. Many fear a recession might be just around the corner. It has been awhile since U.S. investors have had to ...