Australian Treasurer Jim Chalmers warned that consumer prices could rise after Cyclone Alfred destroyed crops and homes, as ...

which the Reserve Bank uses to measure Australia’s inflation rate, came in at 2.8 per cent, up from 2.7 per cent in December. While Wednesday’s monthly CPI figures are only a snapshot ...

Australia’s economy expanded at the fastest pace in two years in the December quarter, boosted by an improvement in household ...

SYDNEY, Feb 18 (Reuters) - Australia's central bank expects underlying inflation to fall faster than ... released on Tuesday along with its interest rate decision, the Reserve Bank of Australia ...

Australia’s economy is showing signs of improvement, with declining inflation, rising real wages, and economic growth without ...

SYDNEY: Australia’s consumer prices rose faster than forecast in the final three months of last year as the government amended funding to various stimulus programmes amid an economy regaining ...

Australian Treasurer Jim Chalmers said Tuesday (February 18) that the country’s central bank’s decision to cut interest rates showed the worst of the nation's inflation challenges were over.

Australia's biggest non-food retailer Wesfarmers said it may raise prices as a soft local dollar drives up supply costs and warned on Thursday that tariffs ordered by U.S. President Donald Trump may ...

In Australia, interest rates decisions are taken by the Reserve Bank of Australia's Board. The official interest rate is the cash rate. The cash rate is the rate charged on overnight loans between ...

Australia’s central bank has reduced its benchmark interest rate for the first time since October 2020 as the nation’s inflation cools.

The Reserve Bank of Australia on Tuesday cut benchmark interest rates for the first time in over four years, finally joining ranks with other major global central banks, as softening inflation ...