The abrdn Australia Equity Fund Inc is a closed-end fund that invests in Australian companies listed on the Australian Stock Exchange. IAF aims to achieve long-term capital appreciation and deliver ...

Australian economic growth is stagnant and the economy is teetering on the brink of recession, according to the latest national accounts data released by the Australian Bureau of Statistics yesterday.

The Australian economy is likely to avoid recession but slow significantly, according to the latest Russell Investments Market Barometer. The Barometer, released this month, acknowledges that the ...

The Australian national accounts figures released yesterday show the economy is as close to a recession as it can be without being officially designated as having reached that point. In fact, if ...

SYDNEY (Reuters) -Australia will be able to manage the direct impact of U.S. President Donald Trump's tariffs but economic growth will take a hit as the global economy slows, Treasurer Jim Chalmers ...

The news: Treasurer Jim Chalmers has said he does not believe Australia is heading for a recession, and that opposition leader Peter Dutton has been “lying” about the issue. The numbers: The comments ...

SYDNEY, Feb 22 (Reuters) - National Australia Bank NAB.AX Chief Executive Officer Ross McEwan said on Thursday that inflation was easing in Australia and interest rates appear to have peaked. "I am ...

Australian share market faces $115billion plunge Australian dollar under 60 US cents like early Covid PODCAST: Trump's 'Liberation Day' Tariffs, plus shock call for Death Penalty in Luigi Mangioni ...

March 21 (Reuters) - Australian shares rose on Thursday led by banks and gold stocks, as investors were optimistic over the U.S. Federal Reserve's decision to hold on to its projection of three ...

At The Wall Street Journal's Future of Finance Initiative, Australian Prime Minister Kevin Rudd speaks on the role of Europe and Asia in the global recession.