Australia

Australia's GDP growth may fall to 2.5% in 2019

The weakening housing market and China's economic slowdown are to blame.

Price slump in Australian homes could hurt economy

Household consumption could suffer amidst stricter lending standards.

APAC leads growth in global real estate transparency

Australia and New Zealand placed second and seventh in the global transparency rankings.

Airline profits to fall 11% amidst rising fuel and labor costs

Crude and jet fuel prices are expected to climb 27.5% and 25.8%, respectively.

Australian bank inquiry could cut 8% of the country's finance jobs

Massive job cuts may be tantamount to losses seen during the 2008 global financial crisis.

Australian banks speed up Asian retreat as competition and oversight mounts

Amidst tighter regulatory pressures, analysts weigh in on whether Asia is still a market worth conquering.

Singapore-based Equis to build $1.6b solar project in Australia

The project will have an output of 1.8 million MWh/year and capacity for 255,000 homes.

Singaporean property investors: Look down under for higher returns

Over the past six months, Australia's property market trends have had investors, including those in Singapore, rethinking their plans. In December 2015, harsher punishments for violating foreign investment rules were implemented. Figures for Q1 2016 showed a marginal quarter-on-quarter increase of 1.6 percent for home values in Australian capital cities compared to Q1 2015 which saw a 3 percent increase (CoreLogic).

Australia churns out more jobs in May

Better-than-expected result reduces rate cut possibility.

Australia Q1 GDP growth disappoints at 0.6%

Feeling the pinch of a mining slowdown.