Australia's central bank considered cutting interest rates by an outsized 50 basis points last month as "insurance" against ...

The Reserve Bank of Australia lowered its benchmark cash rate by 25 basis points to 3.85%, extending an easing cycle that began in February. The RBA said risks around inflation are now more balanced.

Nobel Prize-winning economist and Columbia University professor Joseph Stiglitz accused the IMF of acting like a “colonial ...

June 2 (Reuters) - Australian shares fell on Monday, dragged by banks and energy stocks, as fresh flare-up in U.S.-China trade relations kept risk sentiment in check, while shares of Brickworks surged ...

A jump in the cost of building and renovating homes is not helping the case for more rate cuts. Headline inflation remained ...

The Reserve Bank of Australia lowered its cash rate by 25 basis points, taking the rate below 4% to 3.85% during its latest meeting. The move aligns with market expectations and brings borrowing ...

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

The Reserve Bank of Australia on Tuesday lowered the cash rate from 4.1 per cent to 3.85 per cent in a move largely predicted by money markets. Westpac, NAB, ANZ and Commonwealth Bank of Australia ...

GDP grew 1.3% year-on-year in the first quarter, data from the Australian Bureau of Statistics showed. The print was weaker ...

Wrapping up a two-day policy meeting, the Reserve Bank of Australia cut the cash rate by 25 basis points to 3.85%, saying that upside risks to inflation had diminished as the international ...

When the Reserve Bank meets next week ... wages adjusted for inflation – have been held back in Australia in recent decades because workers’ power to negotiate has been persistently eaten ...

The Reserve Bank of Australia has cut interest rates, taking the cash rate below 4 per cent for the first time in two years. At its May meeting, the RBA's monetary policy board decided to decrease ...