Australia household spending rises for third straight month in Dec
Australian household spending rose for a third straight month in December due to higher discretionary spend, data showed on ...
Pimco Buys Australian Mortgages as Reserve Bank Set to Cut Rates
Pacific Investment Management Co. is snapping up Australian residential mortgage-backed securities, with returns set to ...
Australia shoppers lured by discounts, shore up economy in 4Q
Australian retail sales dipped in December as pay back for a Black Friday splurge the month before, but discounting helped ...
Reserve Bank of Australia’s Days of Self-Doubt Need to End
For a number of years, the Reserve Bank of Australia has been operating under a cloud of self-doubt that it should work to throw off.
Aussie 'cash crisis' averted ahead of major Armaguard deadline: 'Significant liability'
Under the 20-year deal, the Reserve Bank of Australia (RBA) owns responsibility for all notes and coins it issues until it ...
Trump’s trade war could hit inflation, rates, and growth in Australia
The pressure is on the Albanese government to negotiate the same deal the Turnbull government did in 2018, which exempted ...
Australia’s Trade Surplus decreases to 5,085M MoM in December vs. 7,000M expected
Australia’s trade surplus decreased to 5,085M MoM in December versus 7,000M expected and 6,792M (revised from 7,079) in the previous reading, according to the latest foreign trade data published by ...
AUD/JPY drops to near 95.50 as Australia's trade surplus shrinks to a three-month low
AUD/JPY extends its losses for the second successive day, trading around 95.60 during the Asian hours on Thursday. This ...
Big four bank reduces mortgage interest rates ahead of RBA meeting
NAB has become the first of the big four to cut interest rates, weeks before the RBA is tipped to lower the cash rate.
Australia’s Fourth-Quarter Inflation Cools, Clears Path to February Rate Cut
Inflation in Australia remained in retreat in the final quarter of 2024, stoking the case for the central bank to join the ...
December Australia Inflation: A Cool Report Unlocks A Rate Cut In February
Australia's CPI inflation slows to 2.4% YoY in Q4 2024, driven by government rebates. Click here to find out what investors ...
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Big four bank reduces mortgage interest rates ahead of RBA meeting
One of the big four banks has made a major call ahead of any Reserve Bank of Australia decision to cut the cash rate. According to Canstar, the cuts for owner-occupier fixed rates were up to 0.25 ...