Australia Monthly Inflation Jumps to 6.8%, Raising Rate Pressure
Australian inflation accelerated, snapping three months of easing, sending government bond yields higher as traders fretted about potentially
2023-05-31 10:18
PwC Barred From All New RBA Contracts Until Scandal Clears
Reserve Bank of Australia Governor Philip Lowe said he’s “appalled” by the tax scandal that’s engulfed PricewaterhouseCoopers and
2023-05-31 08:54
Australia’s Building Approvals Slump to Lowest Level in 11 Years
Australian approvals to build new homes tumbled to the lowest level in 11 years, driven by fewer permits
2023-05-30 10:57
Australia Retail Sales Flat as Higher Rates Drag on Spending
Australian retail sales were flat in April, ending a three-month streak of gains, suggesting consumers are reining in
2023-05-26 10:46
Australian Unemployment Climbs, Reducing Rate-Hike Pressure
Australia unemployment unexpectedly increased in April as employers cut jobs — led by full-time roles — reinforcing the
2023-05-18 10:55
Australia’s Consumer Confidence Slumps on Rate Hike and Budget
Australia’s consumer confidence tumbled in May after the Reserve Bank unexpectedly raised interest rates and the government handed
2023-05-16 09:25
RBA Peak Rate Scenario of 4.8% Saw Faster Price Drop, No Slump
Australia’s central bank considered alternative policy scenarios where its cash rate peaked at 4.8%, a level that returned
2023-05-11 11:56