Australia's economy grows faster than expected

Australia's economy grew at a better-than-expected 0.9% in the first quarter of 2015, compared to the previous quarter, boosted by mining together with financial and insurance services.

Australia's budget offers small businesses a boost

Australian Treasurer Joe Hockey has delivered the country's budget, promising to help small businesses and ensure parents can join the workforce.

Australia cuts interest rates as economy slows

Australia's slowing economy has pushed the country's central bank to slash interest rates by 0.5 percentage points to 3.75%, in a sign that the eurozone crisis and the cooling in China are affecting the global economy.