After growing at just 0.2% QoQ in the previous three quarters, Australia’s GDP growth in 3Q24 rose to 0.3%. However, this was lower than the market had been hoping for, and the breakdown of growth is ...

To receive market updates in your inbox, sign up to the newsletter Global Macro Playbook. Australia's economy grew at its slowest annual pace since the pandemic in the third quarter, disappointing ...

SYDNEY (Reuters) -Australia's economy grew at the fastest annual pace in almost two years in the second quarter as consumers finally started spending after multiple rate cuts, taking over from the ...

Australia's economy expanded 1.3% year on year in the fourth quarter, accelerating for the first time since September 2023. The GDP growth beat expectations of a 1.2% rise from economists polled by ...

SYDNEY, Dec 4 (Reuters) - Australia's economy in the third quarter grew at the slowest annual pace since the pandemic, disappointing hopes for a rebound as government spending did all of the heavy ...

SYDNEY, Sept 3 (Reuters) - Australia's economy grew at the fastest annual pace in almost two years in the second quarter as consumers finally started spending after multiple rate cuts, taking over ...

Australia’s economic growth probably accelerated at the fastest pace in three years last quarter, coinciding with hotter inflation that’s prompted traders and some economists to wager the Reserve Bank ...

SYDNEY—The initial reaction to Australia’s third quarter economic growth data on Wednesday was one of mild disappointment. But a deeper dive into the numbers reveals an economy bubbling along quite ...

SYDNEY (Reuters) -Australia's economy grew at the fastest annual pace in almost two years in the second quarter as consumers finally started spending after a long fallow stretch, data showed on ...

The GDP growth beat expectations of a 1.2% rise from economists polled by Reuters, and also surpassed the 1.1% climb expected by the Reserve Bank of Australia. The country's statistics bureau said ...

Australia’s economic growth accelerated in the second quarter, led largely by household consumption and reinforcing the case for the Reserve Bank to keep interest rates unchanged later this month.