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SYDNEY, Sept 6 Australia is diversifying its economy to rely less on China, its largest trading partner, Federal Treasurer Josh Frydenberg will say today, as he warned the country’s businesses to brace for new tensions with Beijing. “It is no secret that China has recently sought to target. ....
Monday, 07 Jun 2021 10:41 AM MYT Australia’s A$2 trillion economy has rebounded sharply to above pre-pandemic levels thanks to the country’s successful handling of the coronavirus pandemic together with massive fiscal and monetary stimulus. ― Reuters pic Follow us on Instagram and subscribe to our Telegram channel for the latest updates. CANBERRA, June 7 S&P Global Ratings upgraded its outlook on Australia’s coveted “AAA” sovereign rating to ‘stable’ from ‘negative’ today citing the country’s “swift economic recovery” from the Covid-19 pandemic driven recession. Australia’s A$2 trillion (RM6.3 trillion) economy has rebounded sharply to above pre-pandemic levels thanks to the country’s successful handling of the coronavirus pandemic together with massive fiscal and monetary stimulus. ....