Australian GDP Falls Have Been Few and Far Between in 25 Years
It happened once under Peter Costello, twice on Wayne Swan's watch, but for all his gaffe-prone time as treasurer, never to Joe Hockey.
Australia Halfway to Recession, GDP Down 0.5%
A perfect storm has pushed Australia's economy is halfway to recession, but economists are optimistic about a year-end rebound.
IMF Cuts Global Growth Forecast
The International Monetary Fund has cut its global growth forecasts for the third time in less than a year, citing a sharp slowdown in China trade...
RBA Warns Against Economic Pessimism
The Reserve Bank's deputy boss has downplayed the risk of an Australian recession anytime soon, but wants more help to drive economic growth.