While Australia’s economy is not growing as quickly as its population, ... By March 2025, the savings rate had risen to 5.2%, nearly returning to pre-COVID levels.

Motorists warned the price of fuel is set to rise on the latest Iran-Israel conflict. Motorists are being warned it is “inevitable” they will be paying more for fuel in the coming days, while ...

Both countries closed their airspaces over the weekend after Israel launched “pre-emptive strikes” targeting Iran’s nuclear program. Australia has shut its embassies across the Middle East ...

Motorists are being warned it is “inevitable” they will be paying more for fuel in the coming days, while Treasurer Jim Chalmers says there could be issues for the economy.

Former England football captain David Beckham has been awarded a knighthood in the King’s Birthday Honours, with former Wimbledon tennis champion Virginia Wade and teenage darts sensation Luke Littler ...

SYDNEY—Australia’s economy slowed sharply in the first three months of 2025, leaving it vulnerable to emerging weakness in world growth as the global trade war and a surge in geopolitical risk ...

Australia's central bank said on Tuesday that higher U.S. tariffs would drag on the global economy and put near-term downward pressures on prices of traded goods, though the exact impact is hard ...

Australia's economy barely grew in the first quarter as consumers stayed stubbornly frugal and government spending, the engine of activity last year, sputtered to a standstill, underlining the ...

For the first time, women lead Australia’s key economic institutions. The moment matters because research shows women think about the economy differently from men.

The Reserve Bank of Australia has already cut interest rates twice since February to 3.85% and the minutes of the May policy meeting showed that it was open to an outsized half-point move as U.S ...

SYDNEY (Reuters) -Australia's central bank said on Tuesday that higher U.S. tariffs would drag on the global economy and put near-term downward pressures on prices of traded goods, though the ...

Australia's economy grew less than expected in the first quarter this year. The Reserve Bank of Australia slashed rates to its lowest level in two years at its last meeting in May.