The brakes have been put on Australia’s economy, as higher oil prices and investment in AI drag on the nation’s coffers.

Australia's economy grew at an annual rate of 2.5 per cent in the March quarter, the same as in the previous quarter.

New data released by the ABS showed Australia’s economy was already slowing before being hit by the fallout from the Middle ...

Australia’s economy has hit its “speed limit” – and with oil prices having briefly doubled and three rate hikes looming, the ...

The country's GDP expanded 2.5% in the first three months this year, compared to a year earlier, missing economists' expectations for a 2.6% growth.

SYDNEY, June 2 (Reuters) - Australia's net trade proved to be a major drag on the economy in the first quarter as imports of ...

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 ...

Australia's economy grew at slower than expected in the third quarter, as elevated borrowing costs and sticky inflation continued to weigh down on the slowing economy. The real gross domestic product ...

Jim Chalmers made the remark after a bombshell opinion poll showed that the populist One Nation had become the country’s most ...

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

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 trade balance fell to $2.4 billion in the red on the back of strong data centre imports and a fall in mining exports.