Watch

Economic growth slows as Reserve Bank refuses to rule out further rate hikes

Published 5 June 2024, 9:05 am
Australia's economy is expanding at the weakest annual pace in more than three decades, with the latest GDP data revealing growth of just 0.1 per cent for the first quater. At the same time, the Reserve Bank can't rule out more mortgage pain if conditions deteriorate.
Tags
Australia
Politics
Share

Recommended for you

A stylised image of the Australian parliament with a colourful pattern around it.
An Australian Defence Force marching band parades over a grassy area.
Anthony Albanese and Jim Chalmers on a split red and green background with a bug white thumbs up and a thumbs down
A very close-up shot of a woman and a 7-year-old boy both smiling and wearing green and white headbands
The sun against an orange sky.
ELECTION25 PETER DUTTON CAMPAIGN
A stylised illustration of a person wearing a black top and patterned pants, seated on the floor with the soles of her feet pressed together and her hands resting on them. Behind her, a heart-shaped lock and key are featured.
Image showing a postal vote application form, envelope and mail boxes