The Wall Street Journal

Australia’s second-quarter growth soft but better than expected

Australia’s second-quarter growth soft but better than expected
(Image: Getty)
The Wall Street Journal
By James GlynnAustralia’s second-quarter economic growth was better than expected but remained sluggish overall as investment weakened.The economy grew 0.6% in the second quarter from the prior quarter, amid weather events and global uncertainty stemming from US trade policies. Annual growth came in at 1.8%, beating the expected expansion of 1.6%.'Risks'Treasurer Jim Chalmers told reporters that he welcomed the evidence of a recovery in the economy, but acknowledged that there was a lot of work ahead to lift growth.The weak d...

More World

There are no rules for success
The Life

There are no rules for success

Young people, it’s time to create your own path – maybe even your own jobs.

Trump saved TikTok – and wrecked the rule of law
Technology

Trump saved TikTok – and wrecked the rule of law

TikTok users will be happy, but this is another blow to the rule of law.

How social media creates flabby young brains
Technology

How social media creates flabby young brains

The ‘Gen Z stare’ is a symptom of widespread overconsumption of electronic entertainment.

Trump to slap new tariffs on pharma
Markets

Trump to slap new tariffs on pharma

Levies on drugs will be imposed on companies that aren’t building plants in the US.