Australia’s central bank has reduced its benchmark interest rate by a quarter percentage point for a third time this year to ...

Australian consumers have been trapped in a recession. The March quarter national accounts showed that real per capita ...

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.

Australia is back in a per capita recession as immigration soars. Gross domestic product per capita - or the average amount produced by every Australian - shrunk by 0.2 per cent in the March ...

Fifty-three percent of agricultural economists surveyed in the July Ag Economists' Monthly Monitor say the row crops side of agriculture is currently in a recession, which is down from the 72% who ...

Infometrics data shows that, at the June 2024 interest rate peak, Australian home loan payments were 35 percent higher than ...

Major international cruise companies are deserting Australia’s $8.43bn cruise industry, with the Disney Cruise Line the ...