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Australia’s economy slows as households tighten their belts, while AI investment surges
If GDP per person falls again in the June quarter, Australia would enter a ‘per capita’ recession – signalling the average Australian is going backwards.
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cnbc.com
Australia's first-quarter economic growth misses estimates on severe weather, weak demand
The country's GDP expanded 2.5% in the first three months this year, compared to a year earlier, missing economists' expectations for a 2.6% growth.
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abc.net.au
Breaking: Australia's economy growing at 2.5 per cent annually as slowdown begins
Australia's economy grew at an annual rate of 2.5 per cent in the March quarter, the same as in the previous quarter.
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afr.com
Economic growth slows to 2.5pc as rates start to bite
New data released by the ABS showed Australia’s economy was already slowing before being hit by the fallout from the Middle East war and interest rate increases.
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theconversation.com
Australia’s economy slows as households tighten their belts, while AI investment surges
If GDP per person falls again in the June quarter, Australia would enter a ‘per capita’ recession – signalling the average Australian is going backwards.
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Australia's economic slowdown is just beginning, the experts warn
The economy grew just 0.3 per cent in the first quarter, gross domestic product per capita went backwards, and interest rate rises and cost-of-living pressures are weighing on…