Stay updated with breaking news from Alan Oster. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Westpac’s head economist says we are already in a consumer recession – its spread to the broader economy depends on whether business investment continues to hold up or falls in a hole.
If Australia is lurching towards a recession like the one neighbouring New Zealand is now suffering, there were few signs of it on Thursday.
Reserve Bank appears determined to raise interest rates at least once more, even if Australia’s economy is slowing
Business conditions in Australia posted a sharp fall of seven points to eight points in May driven by declines in trade, employment, and profitability, according to a survey released by the National Australia Bank Ltd
The Australian economy is showing obvious signs of a slowdown as local enterprises report declining activities and more ...