GDP shrink in the first quarter of 2025, according to data released Friday by the Bureau of Economic Analysis.

AI is championed by some as the biggest technological advance since electricity. New research shows it could boost ...

Australian business activity rebounded strongly in June, driven by rising sales and profitability as easing inflation and ...

By Stella Qiu and Wayne Cole SYDNEY (Reuters) -Australia's economy barely grew in the first quarter as consumers stayed stubbornly frugal and government spending, the engine of activity last year ...

Australia’s services sector activity accelerated in June and cost inflation softened, sending business confidence to its ...

SYDNEY (Reuters) -Australia's Labor government, elected for a second term last month, is focused on improving productivity, addressing the budget deficit and building a resilient economy as global ...

Australia faces the threat of short-term economic pain in the form of reduced output and further inflation pressures as a result of incoming US President Donald Trump’s policy agenda, according ...

SYDNEY (Reuters) -Australian business activity stalled in May as consumers kept their wallets shut despite a cut in interest rates during the month, a survey showed on Tuesday, while firms ...

Australia is still a "landlord's market" with new maps showing how dire the situation is for renters, including this for a couple on the age pension. ·Getty/Supplied Australia’s rental market is ...

Australia's economy is growing at its slowest pace in decades, with government support keeping households afloat.

SYDNEY – Australia’s economy picked up the pace in the final three months of the year, boosted by a revival in household spending, though the outlook remains clouded by persistent inflation at ...

Australia's substantial mineral wealth provides it potential leverage in ongoing trade negotiations with the Trump administration.