Australia's central bank said on Tuesday it remained more cautious than the market about the prospects for further policy ...

The Reserve Bank's chief economist says current economic uncertainty, especially around US tariffs, makes forecasting and ...

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

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 ...

The rate cut will provide some relief to borrowers and comes as good news for Prime Minister Anthony Albanese, who is facing a tough election to be held no later than May 17.

(Bloomberg) -- Australia’s consumer confidence picked up in March as inflation pressures eased and the Reserve Bank reduced interest rates for the first time in four years. Sentiment jumped 4% ...

The Australian Bureau of Statistics’ January inflation print shows that trimmed ... which justifies the RBA’s decision this month to cut the cash rate by 25 basis points,” Ms Chanana said.

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

There are several factors behind why Labor hasn't gone on a celebratory tour to boast about having "pulled off" something that's never been achieved in Australia.

The Reserve Bank of Australia reduced the cash rate by a quarter percentage point from 4.35% to 4.1% at its first board meeting for the year. The cut was widely anticipated after inflation rose ...