The Latest Breaking News on Economy

Economy stalls as private sector fails to pick up slack

More rate cuts might be needed to boost Australia's fragile economy with soft household consumption figures contributing to stalled growth.

AAP · Jun 3, 2025

Credit rating downgrade cost unknown for debt-hit state

No research has been done on how much interest repayments on spiralling state debt would soar from a possible credit rating downgrade.

AAP · Jun 3, 2025

National accounts to reveal Australia's economic pulse

Australia's economic growth rate for the first quarter will be revealed this week and investors will study minutes from the Reserve Bank's last board meeting.

AAP · Jun 1, 2025

'Wafer-thin' budget surplus won't fix debt problem

One unforeseen event would likely erode a state's long-awaited return to surplus, as its treasurer attempts to tame mounting debt in her first budget.

AAP · May 18, 2025

Merz Vows To Rev Up German Economic 'Growth Engine'

German Chancellor Friedrich Merz on Wednesday pledged reforms and investment for Europe's biggest economy to transform it once again into a "growth engine" after two years of recession.

International Business Times · May 14, 2025

Price says some Liberals still back nuclear – as it happened

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The Guardian - AU · May 12, 2025

Labor wants to boost productivity. Does this mean Australians need to work even harder?

Productivity is down and it’s hurting the economy and your salary. Here’s how treasurer Jim Chalmers plans to try and fix that

The Guardian - AU · May 10, 2025

We all know the crisis in UK social care damages lives and the economy: it’s the Treasury we must convince

There are real costs to not tackling this grievous problem. But, as we report today, the data we need doesn’t seem to exist, says Layla Moran, chair of the health and social care select committee

The Guardian - UK · May 5, 2025

Why I Think You Should Buy Stocks to Cope with Inflation

What's the best way to protect your investments when inflation rises and the value of the dollar falls? Surprisingly, the answer may lie in buying stocks.

Kiplinger · Apr 30, 2025

German Growth Better Than Expected But Tariff Turmoil Looms

Germany's struggling economy grew faster than expected at the start of the year, data showed Wednesday, in a boost for the incoming government of conservative Friedrich Merz even as US tariffs threaten to derail the nascent recovery.

International Business Times · Apr 30, 2025