Business
Australia’s economic growth slowed significantly in the three months to March recording just 0.2 per cent, according to the Australian Bureau of Statisitcs.
Business
Queensland could experience a pace of economic growth similar to the mining boom over the next decade with private sector investment jumping to $1.3 trillion if the state seized the opportunities, according to a report commissioned by the ANZ bank.
Subscribe to InQueensland - It's FREE!
Daily news stories covering politics, business, arts and culture. Your new address for everything that’s happening - InQueensland.
Thank you for subscribing to InQueensland
Australia’s growth outlook has been revised down slightly as the tight labour market and global energy crisis continue to fan inflation.
The International Monetary Fund expects Australia to dodge a recession but has downgraded its expectations for growth next year.
The Reserve Bank has lifted its benchmark cash rate by 0.5 per cent to 1.85 per cent, just as more turmoil hits the housing sector and mortgage stress increases to record levels.
The outlook for the global economy has “darkened significantly” since April, with the head of the International Monetary Fund saying she could not rule out a possible global recession next year given the elevated risks.
Business
Business
News
News
