Australia cuts cash rate as inflation eases
The Reserve Bank of Australia (RBA) lowered its cash rate target by 25 basis points to 3.60 per cent at its meeting…
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Reserve Bank of Australia (RBA)
Australia’s c. bank keeps cash rate steady
Australia’s central bank held its cash rate target steady at 3.85 per cent on Tuesday, citing broadly aligned…
Australian consumer sentiment dips again in Jan.
Australian consumer sentiment declined for the second consecutive month in January due to financial stress at the…
Australian inflation faces uncertainty amid Trump’s proposed tariffs
Australian inflation may be affected by President-elect Donald Trump's proposed tariffs, but the impact is…
Australian business confidence rebounds in Oct. ’24
Australian business confidence surged to a near two-year high in October, buoyed by resilient sales and easing…
Australian consumer confidence soars to 2.5-yr high
Australian consumer sentiment surged in November for the second consecutive month, reaching a 2-1/2-year high.
Australia’s c. bank keeps rates steady at 4.35%
The Reserve Bank of Australia (RBA) decided on Tuesday to maintain the cash rate target at 4.35 per cent.
Aussie c. bank observes unexpected employment growth
The Reserve Bank of Australia (RBA) has expressed surprise at the continued strength of the country's employment…
Australia’s c. bank warns of debt risks on falling interest rates
The Reserve Bank of Australia (RBA) warned borrowers to avoid excessive debt as interest rates fall to prevent a…
China stimulus boosts Asian markets on Wednesday
Asian stocks rallied on Wednesday, buoyed by China's announcement of new stimulus measures to bolster its…
Australia’s c. bank holds rates amidst slowing inflation
The Reserve Bank of Australia kept its cash rate target at 4.35 per cent and the interest rate paid on Exchange…
Australia’s c. bank under pressure to ease rates
Australia's central bank is under pressure to ease its monetary policy soon as government relief measures lower…
Australia’s c. bank signals extended pause on rate cuts
Australia's central bank has indicated that interest rates are likely to remain on hold for an extended period as…
Australian consumer confidence rebounds in Aug
Australian consumer sentiment improved in August, with the Westpac-Melbourne Institute Index rising 2.8 per cent…
Australian job market sees slowdown in June
Australian job advertisements continued their downward trend in June, marking the fifth consecutive month of…
Australia’s consumer sentiment rebounds in June – survey
Australian consumer sentiment experienced a modest rebound in June, buoyed by the promise of imminent tax cuts.…
Australia’s GDP rose by 0.1% in Q1 ’24
Australia's economy grew by only 0.1 per cent in the first quarter, below expectations and raising concerns about a…
Australia sees slower wage growth in Q1
Australian wage growth slowed from 15-year highs in Q1 2024, indicating a potential peak in this cycle and a…
Australia’s c. bank holds rates steady
The Reserve Bank of Australia (RBA) maintained interest rates at a 12-year high of 4.35 per cent on Tuesday.
Australian consumer confidence drops as rate-cut forecasts fade
Australian consumer confidence dropped due to ongoing worries about household finances and the economy's short-term…
Australian employment rebounds in Feb.
Australian employment rebounded sharply in February, with the jobless rate dropping below expectations, indicating…
Australia inflation holds at 2-yr low in Jan.
Australian consumer price inflation remained at a two-year low in January, defying expectations for an increase and…
Australia’s RBA unlikely to ease rates soon
The Reserve Bank of Australia (RBA) requires more time to ensure that inflation is decreasing before ruling out…
Australia’s RBA keeps interest rates at 4.35%
Australia’s Reserve Bank Board (RBA) decided on Tuesday to leave rates at a 12-year high of 4.35 per cent during…
RBA names its first female governor
Australian Treasurer, Jim Chalmers, and Prime Minister, Anthony Albanese have announced Michele Bullock will be…
RBA keeps rates steady, prepares for hikes later
The Reserve Bank of Australia (RBA) held interest rates steady on Tuesday, to assess the impact of previous hikes,…