The AUD/USD exchange rate continued its strong sell-off on Monday. It dropped to a low of 0.6140, its lowest point since April 2020. It has fallen by 11.68% from its highest level in 2024 and 24% from ...

Australia’s economy, once a global benchmark, is struggling with slow growth, productivity issues, and housing shortages.

2024 finished with mixed news for the Australian economy and markets. There were some excellent trends, some concerning events and a range of issues somewhere in the middle. Here’s what happened and ...

This is likely to see the Australian economy continue on a decent growth path, with a rise in household disposable income and increased consumer and business consumption (refer Chart 4).

Economists predict Australia’s GDP will pick up when the central bank cuts rates. Picture: NewsWire/ David Crosling Commonwealth Bank head of Australian economics Gareth Aird said the national ...

Opinions expressed by Forbes Contributors are their own. I write about Asia's role in the global political economy. Australia is a land of sunshine, blue skies, sandy beaches and seemingly endless ...

For many in Australia, the bushfire catastrophe now seems a distant memory as the coronavirus pandemic takes this country deeper into the unknown. The "miracle economy" that avoided recession ...