Australia’s Private Sector Growth Slows to 3-Month Low Australia Leading Index Stalls in April Australia Slashes Cash Rate to 2-Year Low of 3.85% Australia Employment Hits Fresh Peak Australia Jobless Rate Matches Estimates Latest India Stocks Snap 2-Day Gains ...
Australia's economy expanded 1.3%year on year in the fourth quarter, accelerating for the first time since September 2023. The GDP growth beat expectations of a 1.2% rise from economists polled by Reuters, and also surpassed the 1.1% climb expected by the Reserve Bank of Australia. The ...
The two countries enjoy complementary economic strengths and are natural partners for cooperation. Since 2009, China has been Australia's largest trading partner, export market and import source for 15 consecutive years. In 2023, bilateral trade in goods increased 4.1 percent year by year, while A...
With unemployment still high in the ninth year of economic expansion, further structural reforms are needed to enhance the cyclical responsiveness of the labour market. Figure Count: 2 Table Count: 1OECD Organisation for Economic Co-operation and Development...
Life Expectancy at Birth (Year)83.2002022yearly1960 - 2022 Load more More Indicators for Australia IndicatorsLastFrequencyRange Australia BOP: Current Account: sa: Goods & Services: Services: Credits (AUD mn)32,914.000Dec 2024quarterlySep 1959 - Dec 2024 ...
Australia is located close to Asia, the new epicentre of global economic growth. It has a strong brand in Mainland China and is well known throughout Asia as the outpost of the English-speaking world. Regional hub Home to many multinational organisations with operations in Asia, Australia is ...
"The economic implications are profound." According to Lowe, Australia's agriculture industry is already suffering, with an ongoing drought set to hit the country's economic growth this year by 0.25 of a percentage point, while the summer's bushfire disaster would likely cut growth by about 0.2...
agricultural industries also employed a considerable number of migrants, particularly southern Europeans who worked in agriculture developing fruit orchards and the sugarcane fields. The work completed by migrants in different sectors was a valuable contributor to Australia’s rapideconomic growth. Many ...
Inflation rate compared to previous year8.53%8.53%7.27%7.27%7.58%7.58%7.23%7.23%3.31%3.31%0.97%0.97%1.75%1.75%1.93%1.93%4.63%4.63%2.65%2.65%0.23%0.23%0.86%0.86%1.41%1.41%4.46%4.46%4.41%4.41%3.05%3.05%2.73%2.73%2.34%2.34%2.66%2.66%3.55%3.55%2.36%2.36%4.35%4.35%1.77%1.77%2.86%2.86%3.36%...
For example, the exponential trend smoothing illustrates suited forecasting for the Apparel market with projected steady growth. The main drivers are GDP per capita and consumer spending per capita. Additional Notes : The market is updated twice per year in case market dynamics change. The impact...