Australia's economy rebounded sharply in the third quarter from a coronavirus-induced recession as consumer spending surged though the country's top central banker signalled monetary policy will stay ...

Australia fell into its deepest economic slump on record last quarter as coronavirus curbs paralysed business activity, while fresh outbreaks threaten to upend any immediate recovery, piling pressure ...

What is a recession? What are the key indicators of a recession? How do government and central banks respond to recessions? What are the causes of recessions? How can individuals and businesses ...

SYDNEY (Reuters) -Australia will be able to manage the direct impact of U.S. President Donald Trump's tariffs but economic growth will take a hit as the global economy slows, Treasurer Jim Chalmers ...

The overall economy is looking up but everything from Trump’s tariffs to bad government decisions are causing real pain for ...

First, some background: Three years ago, as the economy recovered from the brief COVID-19 recession, economists were already talking about another downturn. Russia had invaded Ukraine. Inflation was ...

President Donald Trump's aggressive tariffs have shaken investors' faith in U.S. markets. Many fear a recession might be just around the corner. It has been awhile since U.S. investors have had to ...

Aug. 18 (UPI) --An Australian court on Monday fined national flag carrier Qantas nearly $60 million for illegally firing more than 1,800 ground workers and then outsourcing their jobs during the COVID ...

Australian Treasurer Chalmers poses for a photograph as he arrives to attend a G20 finance ministers' and Central Bank governors' meeting at Gandhinagar SYDNEY (Reuters) -Australia will be able to ...