Australia's independent wage-setting body on Tuesday raised the national minimum wage by 3.5% effective July 1, a real wage ...

The GDP figure comes as the Reserve Bank of Australia slashed rates to its lowest level in two years to bolster growth.

CPI inflation print from the Australian Bureau of Statistics (ABS) showed that the policy-important trimmed mean inflation ...

Australia is officially back in a per capita recession, but there could be a silver lining for struggling mortgage holders.

The Reserve Bank is stuck between supporting the economy and managing inflation risks but will ultimately prioritise growth ...

Australian consumer inflation held steady in April as higher health and holiday costs offset a drop in petrol prices, ...

SYDNEY] Australia’s economy barely grew in the first quarter as consumers stayed stubbornly frugal and government spending, ...

Even with this increase, Australia’s lowest paid employees will not be earning as much in real terms as they did before the ...

Australia's economy has barely moved in the last quarter — GDP slowed to 0.2 per cent in the first three months of 2025, down ...

Headline consumer price inflation held at 2.4% in the first quarter, comfortably within the Reserve Bank of Australia's target band of 2% to 3% and having come down from the 7.8% peak in late 2022.

The GDP figure comes as the Reserve Bank of Australia slashed rates to its lowest level in two years to bolster growth.