Australia, Reserve Bank

Australia's central bank cautious on rate cuts, all depends on data
Australia's central bank is cautious about cutting rates further given cost pressures in a hot labour market, but it will respond if inflation slows more quickly than expected, senior officials said on Friday.
The Reserve Bank Of Australia Highlights Inflation And Trade Risk In Hawkish February Cut
The RBA cut its cash rate by 25 bps to 4.10%, initiating a new easing cycle amid easing inflation. Click here to read what this means for Australian equities.
Rate cut signals Australia has passed inflation's worst: treasurer
An interest rate cut shows Australia is pastthe worst on inflation, says treasurer:: Canberra, AustraliaJim Chalmers/Australian Treasurer“This is very welcome news for millions of Australians. This is the rate relief that Australians need and deserve.
Australia central bank cuts inflation forecast, labour market still tight
Australia's central bank expects underlying inflation to fall faster than previously projected as it downgraded the economic outlook, although a still tight labour market is likely to create some lingering price pressures.
What calculation method does Australia use for inflation rate?
Australia measures its inflation rate primarily using the Consumer Price Index (CPI), which is calculated by the Australian Bureau of Statistics.
Australia's central bank cuts interest rate for the first time in more than four years
The Reserve Bank of Australia on Tuesday cut benchmark interest rates for the first time in over four years, joining ranks with other major global central banks, as softening inflation allows room for easing policy.
Australian Reserve Bank Announces First Rate Cut Since 2020
The Reserve Bank of Australia (RBA) announced a rate cut of 25 basis points, bringing the cash rate down to 4.10% on Tuesday. This move marks the first rate reduction since November 2020, signaling the bank’s concern over domestic economic uncertainties.
Chris Kenny examines the Reserve Bank’s ‘highly political’ rate cut
Sky News host Chris Kenny says the Reserve Bank’s widely expected rate cut of 25 basis points cannot be “divorced” from politics.
Australia's Wesfarmers sees tariff inflation risk as profit beats forecast
Australia's biggest non-food retailer Wesfarmers said it may raise prices as a soft local dollar drives up supply costs and ...
Donald Trump says Australia has been 'very, very good to us', amid tariff concerns
Donald Trump made the remark at a Black History Month event at the White House while introducing golf champions Tiger Woods ...
Inflation has fallen in Australia and NZ, but which is faring better?
Australia's and New Zealand's central banks have used different strategies to kill inflation. New Zealand's now in recession, ...
RBA rates call will fuel inflation and prolong cost-of-living crisis
The board has broken the sacred rule of modern central banking: do not pump prime the economy before an election, ...
Australia Q4 wages rise at slowest pace in over 2 years
Australian wages rose at the slowest annual pace in more than two years in the fourth quarter even as unemployment stayed ...
Business Times2d
Australia’s jobless rate rises in January even as employment booms
AUSTRALIA’S unemployment rate ticked higher in January even though job creation handily outpaced forecasts, data showed on ...
Bullock concedes RBA too slow to raise rates against inflation
The Reserve Bank governor said one of the reasons the board cut the cash rate this week was because it did not want to be too ...
EconoTimes2d
Australia’s Job Market Surges in January Amid Strong Female Workforce Gains
Australias labor market exceeded expectations in January, driven largely by gains in female employment, signaling continued ...