News

Australia's independent wage-setting body on Tuesday raised the national minimum wage by 3.5% effective July 1, a real wage ...
Even with this increase, Australia’s lowest paid employees will not be earning as much in real terms as they did before the ...
CPI inflation print from the Australian Bureau of Statistics (ABS) showed that the policy-important trimmed mean inflation ...
The Reserve Bank is stuck between supporting the economy and managing inflation risks but will ultimately prioritise growth ...
Australia is officially back in a per capita recession, but there could be a silver lining for struggling mortgage holders.
Australia's central bank said on Tuesday that higher U.S. tariffs would drag on the global economy and put near-term downward ...
After a three-year campaign to rein in inflation, Australia’s central bank is now switching its focus to economic risks ...
Australia's economy grew by 0.2 per cent in the March quarter, and 1.3 per cent through the year, according to the Australian ...
Australias central bank considered a steep 50 basis point rate cut in May as a precaution against escalating global trade ...
The GDP figure comes as the Reserve Bank of Australia slashed rates to its lowest level in two years to bolster growth.
At its May 19-20 meeting, the RBA reduced the official cash rate by 25 basis points to 3.85%, following internal discussions ...