No Data
Australia's 1Q GDP Print Expected to Show Weak Growth
Australia's Q1 GDP print, due out later this week, is expected to show weak growth of 1.2% on year and 0.2% on quarter, says Paul Bloxham, chief economist for Australia, NZ & global commodities at HSBC.
Will the Reserve Bank of Australia continue to raise interest rates? The money market is betting that it may “act” again in August
The Bank of Australia is seen as the only major central bank that risks raising interest rates.
Australia's Minimum Wage Increase Largely in Line With CPI -- Update
Australia's minimum wage will be raised by 3.75% from July 1, with the Fair Work Commission saying the decision is consistent with getting inflation back to target by the end of next year.
Australia Raises Minimum Wage 3.75%, Aiding RBA Inflation Fight
Australia’s industrial relations umpire raised the national minimum wage by 3.75%, aiding the Reserve Bank’s efforts to return inflation to the 2-3% target by next year.
RBA's Hauser Says Inflation 'Predominant Challenge,' AFR Reports
Australian central bank Deputy Governor Andrew Hauser said the “first and predominant challenge” for policymakers is to bring down inflation, according to an interview with the Australian Financial Review.
Australia's Minimum Wage Increase Largely in Line With CPI
Australia's minimum wage will be raised by 3.75% from July 1, with the Fair Work Commission saying the decision is consistent with getting inflation back to target by the end of next year.