Focus
Australian GDP
Study Links Inflation, Private Sector Stagnation to Government Spending Surge
The study says that government spending has surged by 94 percent since 2014.
No Plan Yet to Cut Interest Rates: Reserve Bank of Australia
The governor said inflation was still too high.
Australians’ Standard of Living Declined Nearly 10 Percent: Shadow Treasurer
‘Our focus is on making the right decisions for the right time,’ Finance Minister Katy Gallagher said.
Australia Records Lowest GDP Growth Numbers Since the 1990s
Household saving ratio hit its lowest in years while government spending was up.
Australia’s Current Account Deficit Hits $10.7 Billion in June Quarter 2024
‘This quarter’s current account deficit reflects continued falls in bulk commodity prices and higher income paid to non-residents,’ ABS’s Tom Lay said.
