As a result, prices are expected to rise between 2.5 percent and 8.9 percent for customers in NSW, south-east Queensland, and ...

CPI Indicator held steady at 2.5% in January, defying forecasts of a slight uptick to 2.6%. Despite this, inflation remained at its highest print since August, as food prices increased the most in 3 ...

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

SYDNEY--Australian consumer confidence jumped to its highest level since May 2022 last week following the Reserve Bank of Australia's ... growth and a retreat in inflation over recent months.

The Reserve Bank of Australia this week trimmed its cash rate by 25 basis points to 4.10%, but cautioned further easing could not be guaranteed given upside risks to inflation. It noted the ...

It reflects the fact that Australia is not building enough ... housing-related inflation could jump again. Donald Trump’s first month in office has been a wild ride, especially when it comes ...

It’s too soon to declare that the battle to contain inflation in Australia is over and a cautious approach to interest rate ...

SYDNEY: Australia’s quarterly inflation data this week may be key to whether the central bank finally embarks on a monetary easing cycle soon, and in turn, help decide the timing of an election ...

Earlier this week, the Reserve Bank of Australia (RBA) reduced the cash rate by 25 basis points to 4.1%, marking the first cut since November 2020. In its statement, the RBA noted that inflation had ...

The Reserve Bank of Australia this week trimmed its cash rate by 25 basis points to 4.10%, but cautioned further easing could not be guaranteed given upside risks to inflation. It noted the strength ...