Economy

Latest figures from the Australian Annual National Accounts have revealed that the size of the economy has reached over AUS$1.8 trillion, a 2.8% increase in the 2017-18 financial year. The largest industries in the Australian economy in 2017-18 were financial and insurance services, mining, construction and...

Australian business conditions rebounded in August, according to the National Australia Bank’s (NAB) latest index, following declines in the previous two months. The NAB’s index of business conditions rose from July’s 12.6 to 15.2 in August as firms reported improved sales and profits, although confidence was...