Economy news
Economy
Australia's GDP grows 0.4 per cent as public spending eases
Australia's Q1 2025 GDP growth slowed to 0.4%, down from 0.6%, as government infrastructure spending retreats and economists warn of a fragile transition to…
Economy
Natural disasters cost Australian economy $2.2 billion in 2025
Treasury estimates $2.2b in lost economic activity from natural disasters in 2025, with Cyclone Alfred a major driver of costs.
Economy
Global bank collapses threaten Queensland farms and small business
Credit Suisse collapse and Silicon Valley Bank failure raise alarm for Queensland farmers, small businesses, and rural lenders amid global banking turmoil.