• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home World

Australia Must Seize Opportunities To Endure Economic Headwinds: PM

OMMCOM NEWS by OMMCOM NEWS
June 13, 2023
in World
Anthony Albanese

Canberra:  Australian Prime Minister Anthony Albanese said on Tuesday that the country needs to seize development opportunities to weather the global economic headwinds.

“Advanced economies around the world are dealing with the very difficult combination of high inflation and rising interest rates,” he said in a speech to the Committee for Economic Development of Australia’s State of the Nation conference in Canberra,

The Prime Minister added that he remained optimistic that Australia can emerge from the period of global economic challenges in a stronger position.

He emphasised that breaking new ground was critical to maintain economic growth, and identified clean energy transition, new technologies, and the growing care and support sector as major opportunities.

“We know Australia can’t afford to just wait and watch and react to the clean energy transformation, the growth of the care and support economy, or breakthroughs in technology. We have to seize these opportunities,” he said.

National accounts data released earlier in June revealed Australia’s gross domestic product (GDP) grew by 0.2 per cent in the first three months of 2023 and was up 2.3 per cent in the 12 months to the end of March, the slowest quarterly growth since September 2021.

The data has prompted concerns that the country is headed for a recession following 12 interest rate rises in 13 months.

Despite slower than forecast GDP growth, a Guardian poll published on Tuesday found that more voters trust Albanese’s governing Labor Party to manage the cost of living, rising interest rates and soaring debt than the Coalition.

(IANS)

Tags: Anthony Albanese
ShareTweetSendSharePinShareSend
Previous Post

CM Naveen Patnaik Urges All To Ensure Puri Rath Yatra Passes Peacefully

Next Post

4 Dead, 3 Injured As Chemical Tanker Catches Fire On Mumbai-Pune Expressway

Related Posts

Nation

In Spain, Indian Delegation Interacts With People Directly Affected By Terrorism

June 2, 2025
World

Like Bunyan-Un-Marsoos, Shehbaz Sharif’s Four-Nation Tour Was Another Mega Flop Show

June 2, 2025
World

Pakistan Blocking Appointment Of Chairs Of UN Security Council Committees Dealing With Terrorism

June 2, 2025
World

South Korea: Lee, Kim Make Final Sprint To Election Day

June 2, 2025
Nation

Egyptian Senate Affirms Solidarity With India In Fight Against Terrorism

June 2, 2025
World

If Pakistan Causes Trouble, Something Needs To Be Done: Errol Musk

June 2, 2025
Next Post

4 Dead, 3 Injured As Chemical Tanker Catches Fire On Mumbai-Pune Expressway

Conversion Via App Case: Police To Investigate Bank Accounts Of Accused

Earthquake

Moderate Quake In Manipur, No Damage Reported

Khimji
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.