Australia economy

The Latest

  • Australia's Golden Run Ends As Virus Boomerangs On Economy
    Australia
    Coronavirus curbs paralyzed business activity in the country, while fresh outbreaks threaten to upend any immediate recovery,
  • Australia Government Pledged $2 Billion Aid For Bushfire Crisis
    Australia Bushfire
    The damage caused by the ongoing bushfire crisis in Australia is estimated to be worth more than $100 billion.
  • Slowing Down Of Rural Activities In Australia Affects Economy
    Worst Australian Drought In 50 Years Affects Farm Exports
    With farming making up 3% of Australia’s economy, if the drought persists, it will greatly affect the nation’s GDP.
  • Australia Will Pay ‘A Cost in Blocking Huawei’, Expert Says
    Huawei
    An industry expert commented that Australia may have to pay the price for blocking Huawei’s 5G technology from joining the country’s high-tech transition.
  • Australian Job Demand May Fall Further, Dragging Business Investments Down
    Australia business district
    Australia's economy is reportedly on declining and along with it is a weakening jobs sector. Analysts predict that if the trend continues, business investments may also drop.
  • Australia’s Services And Construction Sectors Deteriorating
    Residential areas in Sydney
    Construction and services sectors in Australia have been deteriorating and could further affect the economy in the coming months.