Swati Pandey

Australian Prime Minister Anthony Albanese apologized to the Jewish community following the deadly attack at Sydney’s Bondi Beach, where two ISIS-inspired gunmen killed 15 people at a Hanukkah celebration.

Australia will start a gun buyback of surplus, newly-banned and illegal firearms after terrorists killed 15 people in a Hanukkah attack at Bondi Beach.

Two of Australia’s top lenders expect the Reserve Bank to raise interest rates in February to counter stubborn price pressures, while a third sees a prolonged pause, underlining growing uncertainty over the trajectory of inflation.

Australian Prime Minister Anthony Albanese and state leaders pledged to strengthen gun laws a day after a father and son killed 15 people in the nation’s deadliest terror attack.

Australia’s economy grew at a surprisingly softer pace last quarter even as the details showed domestic demand held up and labor costs stayed elevated, a result that whipsawed markets.

Australia’s fiscal position has deteriorated in the past year as rising expenses across federal, state and territory governments outstripped stronger-than-expected revenue, according to the Parliamentary Budget Office.

Australian home prices extended gains in November as demand continued to outstrip supply, a dynamic that could add to inflation pressures and keep the Reserve Bank from cutting interest rates further.

Australia’s massive defense spending under the Aukus agreement is poised to further fuel the nation’s hottest housing market, Perth, according to property group Ray White.

Australian business investment posted its biggest increase since early 2021, driven by major outlays on data centers and aircraft — a welcome boost for an economy that has been struggling to generate momentum.

Australia’s central bank board members discussed the implications of a recent spike in inflation, the outlook for the labor market and whether monetary policy was still restrictive when deciding to leave interest-rate settings unchanged this month, minutes of its Nov. 3-4 meeting showed.