Australia News

Australia Achieves a Staggering 3B Dollar Trade Surplus in February, Signaling Economic Resilience

Australia's trade surplus reached an impressive 3 billion Australian dollars in February, highlighting the country's economic resilience and strong export performance. This achieve...

February Sees Australia's Unemployment Rate Holding Steady at 4.1%

Australia's unemployment rate remained at 4.1% in February, with a decrease in job acquisitions and a drop in the participation rate. However, there was a slight decrease in the nu...

Australia's Trade Surplus Surges to 5.6B AUD in January, Exceeding Expectations

Australia's trade surplus soared to 5.6 billion AUD in January, driven by a 1.3% increase in exports and a 0.3% decrease in imports, exceeding expectations and signaling strong eco...

January Sees a Surge in Australia's Service Sector Activity: A 32-Month Confidence High

Australia's service sector activity expanded in January, with business confidence hitting a 32-month high. The composite PMI reached 51.1, and the services sector grew to 51.2. Emp...

November Sees a Significant 0.8% Jump in Australia's Retail Sales

Australian retail sales saw a 0.8% increase in November, reaching 37 billion Australian dollars, a 3% rise from the previous year. The growth was significantly influenced by Black ...

Australia's Trade Surplus Soars to A$7 Billion in November, Surpassing Expectations

Australia's trade surplus reached A$7 billion in November, exceeding expectations and showing a significant increase from October's figures. Imports rose by 1.7%, while exports sur...

December Sees Steady Growth in Australia's Private Sector Amid Economic Optimism

Australia's private sector showed marginal growth in December with a PMI of 50.2, indicating stability. The services sector grew slightly, but employment saw a cautious reduction. ...

Australian Unemployment Drops to 3.9% in November: A Closer Look

Australia's unemployment rate dropped to 3.9% in November, with 35,600 new jobs added. Full-time employment saw a significant increase, while part-time employment decreased. The un...