RBA Can and Will Bring Down Inflation, Deputy Governor Says

Australia’s central bank can and will bring down inflation, Deputy Governor Andrew Hauser said on Friday, warning that unchecked price increases are “toxic” and pointing out they have caused wars in past eras.

BNN BloombergJun 7 02:04 ET

Australia's Trade Surplus Widens More Than Expected in April

Australia's trade surplus widened more than expected in April amid a decline in imports, according to data from the Australian Bureau of Statistics released today.

MT NewswiresJun 5 23:30 ET

Room for RBA to Hike at August Meeting -- Market Talk

Australia's 1Q gross domestic product figures showed weak growth, which was a bit below what was implied in the RBA's May forecasts, say Morgan Stanley analysts in a note.

WSJJun 5 20:23 ET

Troubling Australian Economy Set to Deliver Brutal 'Double Whammy': 'It Matters for You'

The bad news on the economy continues to flow. And it matters for you, your job prospects, wages, investments and interest rates, albeit with some silver lining in the dark clouds of a weak economy.

Yahoo FinanceJun 5 17:15 ET

High interest rates are impacting household expenditures, causing the Australian economy to almost stagnate.

In the first three months of this year, the Australian economy was almost at a standstill.

Zhitong FinanceJun 5 00:40 ET

Australian Economy Starts 2024 With a Whimper -- Market Talk

The Aussie economy hasn't gotten off to a great start this year, Moody's Analytics says.

WSJJun 4 23:10 ET