AUSTRALIA ECONOMY
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Business & Economy
Australia records 3.9% unemployment in April, lowest since 1974
Sydney, Australia, May 19 (EFE).- The unemployment rate in Australia fell to 3.9 percent in April, the lowest figure recorded…
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Business & Economy
Australian economy contracts 1.9 percent in 3rd quarter
Sydney, Australia, Dec 1 (EFE).- Australia’s gross domestic product fell by 1,9 percent in the third quarter of the year,…
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Business & Economy
Australia’s economy grows 0.7% in Q2
Sydney, Australia, Sep 1 (EFE).- The Australian economy grew by 0.7 percent in the second quarter of 2021, the period…
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Business & Economy
Australian economy growing, exceeding pre-pandemic levels: govt
Sydney, Australia, Jun 2 (EFE).- Australia’s economy has already exceeded pre-pandemic levels, something achieved only by six countries worldwide, after…
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Business & Economy
Australia steadies economic recovery after 1.1% GDP drop in 2020
Sydney, Australia, Mar 3 (efe-epa).- Australia underpins its economic recovery after accumulating two consecutive quarters of growth, despite registering a…
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Business & Economy
Australia’s economy ‘rebounding strongly’ from recession
Sydney, Australia, Sep 17 (efe-epa).- Australia’s economy is experiencing strong recovery from recession amid the impact of the Covid-19 pandemic,…
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Business & Economy
Australia records GDP growth of 3.3 pct in Q3
Sydney, Australia, Dec 2 (efe-epa).- Australia’s economic activity grew 3.3 percent during the third quarter of the year and is…
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Business & Economy
Australia cuts interest rates to historic low 0.1%
Sydney, Australia, Nov 3 (efe-epa).- The central bank of Australia on Tuesday reduced interest rates to 0.1 percent from 0.25,…
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Business & Economy
Australia enters first recession in nearly 30 years due to COVID-19
Sydney, Sep 2 (efe-epa).- Australia Wednesday recorded a 7 percent contraction in gross domestic product (GDP) in the June quarter,…
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Business & Economy
Australian CPI records worst-ever quarterly fall due to COVID-19
Sydney, Australia, Jul 29 (efe-epa).- Australia’s Consumer Price Index (CPI) fell by 1.9 percent in the second quarter, its worst-ever…
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