Economic dataGovernment leaders

Australian Growth Likely Slower Than Expected On Rates, Prices

Bloomberg Markets22 October 2026, 21:53 UTCAustralia

Australia’s growth will likely be slower than the 1.75% forecast in May’s budget, Australian Treasurer Jim Chalmers said Friday, as a series of rate hikes and rising inflation start to bite on the economy.

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Charles IIIGovernment leadersAustralia22 October 2026, 21:51 UTC
Anthony AlbaneseGovernment leadersAustralia22 October 2026, 16:19 UTC

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