The Australian economy grew at just 2.3 per cent last year as the impact of stagnant wages, falling house prices and a weak consumer sector took their toll.
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Australia's economic growth expected to have slowed at the end of last yearThe Australian share market looks set to open higher, following a slightly positive lead from overseas markets and ahead of the release of crucial economic growth figures.
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RBA stays on hold, giving a cooling economy the benefit of the doubtThe RBA once again holds off changing tack on interest rates, despite the headwinds from low wage growth, falling property prices and poor consumer sentiment buffeting the economy.
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Business investment rebounds in an otherwise cooling economyBusiness was prepared to invest in itself in the December quarter, despite evidence the Australian economy is slowing.
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PM is 'very pleased' last refugee children are off Nauru | Sky News AustraliaPrime Minister Scott Morrison says he is 'very pleased' that the last refugee children have been removed from Nauru after the last four were flown to the United States alongside 15 other refugees.\n\nThe total number of people from Manus Island and Nauru now resettled in the US is now 493.\n\nThe government says it has been quietly working to take children off Nauru as it faced increasing pressure from Labor, the Greens and key independents on the issue. \n\nImage: World Vision \n\n
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PM is 'very pleased' last refugee children are off Nauru | Sky News AustraliaPrime Minister Scott Morrison says he is 'very pleased' that the last refugee children have been removed from Nauru after the last four were flown to the United States alongside 15 other refugees.\n\nThe total number of people from Manus Island and Nauru now resettled in the US is now 493.\n\nThe government says it has been quietly working to take children off Nauru as it faced increasing pressure from Labor, the Greens and key independents on the issue. \n\nImage: World Vision \n\n
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The promise I made to myself after losing two friends last yearSadly, on both occasions, I was too late to give my beloveds one last hug.
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Australia signs trade deal with Indonesia, eight years in the makingThe deal will see more than 99 per cent of Australian goods exported to Indonesia enter duty free or under significantly improved preferential arrangements by 2020. 9News
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Australia, Brazil challenges India's sugar subsidies with WTO | Sky News AustraliaAustralia and Brazil have stepped up the sugar trade war by challenging India’s industry subsidies with the World Trade Organisation overnight.\n\nWorld sugar prices hit a 10-year low last year after the Indian sugar cane industry received about $1 billion of new subsidies. \n\nTrade Minister Simon Birmingham and Agricultural Minister David Littleproud say the inconsistent subsidies are hurting Australian farmers, with the industry set to see $360 million in losses.\n\n\n\n
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