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Australia's consumer inflation slowed in February, helped by a fall in electricity prices, while the continued easing in home building costs and rents supported the case for more rate cuts in the ...
The move was also in line with expectations from economists, and comes as Australia’s government is in caretaker mode.
Albanese drove to Governor-General Sam Mostyn's official residence on Friday to trigger the election and announced the date later at a news conference at Parliament House. “Over the last few years, ...
What will they do to inflation and growth in Australia? Economists have scrambled to answer those questions, and they say the chances of interest rate cuts have increased in Australia ...
Australia's central bank on Tuesday left its cash rate steady as widely expected but took a small step towards further easing ...
“We are now at a point where for 15 months in a row, we’ve seen wages rising above inflation in Australia,” Mr Watt told Sky News Australia. “That’s the complete opposite of what we saw ...
Last week’s softer-than-expected monthly inflation gauge from the Australian Bureau of Statistics (ABS) was matched by the ...
Australia will be able to manage the direct impact of U.S. President Donald Trump's tariffs but economic growth will take a ...
Australian Treasurer Jim Chalmers warned that consumer prices could rise after Cyclone Alfred destroyed crops and homes, as he laid bare the economic cost of the disaster. Initial government ...
Australians will go to the polls in May with high costs of living and a shortage of housing key issues likely weighing against the government ...