Electricity bills soared 27.16 per cent higher than inflation in two years after the average household cost jumped, a nwe ...

Australias economy is showing signs of resilience, with the Reserve Bank of Australia (RBA) highlighting both upside and downside risks to growth. Speaking at a financial industry conference, RBA ...

Australia’s central bank is “pretty close” to getting inflation back to the midpoint of its 2-3% target while the economy is ...

Australia’s monthly inflation indicator jumped to its highest level in a year in July, affirming the Reserve Bank of Australia’s cautious approach to cutting interest rates over recent months.

The broader economy is holding up well. August’s final Manufacturing PMI printed 53.0, while Services came in at 55.8, both ...

Australia's first-quarter inflation rose 2.4% compared to the same period last year, staying at a four-year low. Stream Los Angeles News for free, 24/7, wherever you are. This was higher than the ...

Australia's headline inflation rate in the second quarter of the year slipped to its lowest point since March 2021, coming in at 2.1% year over year, compared to 2.4% in the preceding period. This was ...

SYDNEY—Australia’s inflation fell back to within the Reserve Bank of Australia’s target band for the first time since mid-2021, but the third-quarter data is unlikely to be a trigger for an immediate ...

UBS chief economist for Australia and New Zealand George Tharenou revised up his forecast for GDP growth in 2025 to 2.0% from 1.9% in response to the survey. The economy is forecast to grow by 2.3% in ...

SYDNEY (Reuters) -Australian consumer price inflation slowed more than expected in May, while the closely watched core measure hit three-and-a-half-year lows as investors locked in bets for an ...

At 2.4% year-on-year, Australia’s headline inflation rate in the first quarter was in line with our expectations and remained unchanged compared to the last quarter. Inflation readings across most ...