reuters.com
SYDNEY, Nov 4 (Reuters) - Australia's central bank now sees core inflation staying stubbornly above its target band out to the middle of 2026 as consumer demand and house prices pick up faster than expected, seemingly limiting room for further cuts in interest rates.
about 1 month ago
reuters.com
Australia's central bank on Tuesday left its cash rate steady as expected at 3.60%, saying it was cautious about easing further given higher inflation, firmer consumer demand and a revival in the housing market.
about 1 month ago
reuters.com
Australian consumer prices jumped by the most in 2-1/2 years in the September quarter as electricity and travel costs climbed, while a shockingly large increase in the core inflation reading seemed to rule out any imminent rate cuts.
about 1 month ago
reuters.com
Australia's unemployment rate spiked unexpectedly to a near four-year high in September as more people went looking for work, a weak result that revived hopes for more policy easing.
about 2 months ago
reuters.com
Australia's central bank on Tuesday left its cash rate steady as expected at 3.60%, saying recent data suggested inflation might be higher than forecast in the third quarter and that the economic outlook remained uncertain.
2 months ago
reuters.com
Australian consumer prices rose at the fastest annual pace in a year in August after a hot July, suggesting some upside to inflation that prompted markets to pare back the chances of imminent policy easing.
2 months ago
reuters.com
Australia's economy is in a good place, its top central banker said on Monday, while slowing inflation and a resilient labour market mean policymakers have room to ease policy further if needed to deal with shifting risks.
3 months ago
reuters.com
Australian employment unexpectedly fell in August as full-time positions dropped back after a sharp rise in the previous month, while the jobless rate held steady in a sign the labour market was slowly softening.
3 months ago
reuters.com
Australian pension funds will have to expand the use of foreign exchange hedging as the sector is likely to grow in size to become the second-largest globally with a larger share of investments going abroad, a top central banker said on Tuesday.
3 months ago
reuters.com
Australia's economic outlook is balanced at the moment with risks on both the upside and downside, while there are signs consumer spending is picking up, a top central bank official said on Tuesday.
3 months ago
reuters.com
Australia's central bank exploring how AI can affect economy, governor says
3 months ago
Media DatabaseFind the right journalists
Online NewsroomShape your own narrative
Press Release CreatorCreate and send press releases
Media MonitoringTrack every single online mention
Media Pitching ToolContact recommendations & stats
PR ReportsShowcase the impact of your work
PR CRMManage contacts in easy way
AI PR SoftwareUse AI to save time on your workflow
Social Media ListeningGet a full overview of your brand's presence