Australia’s inflation rate was pushed down by a 17.9% fall in electricity prices, but even the Reserve Bank’s preferred ...
A partial gauge of Australian inflation cooled in August as government assistance to cushion the impact of energy costs ...
That huge slowdown in the pace of headline inflation was expected, but economists say it needs to be interpreted cautiously.
Australia has achieved a second consecutive budget surplus, standing at A$15.8 billion ($10.91 billion) for the year to June 2024, the centre-left government said on Sunday, helped by lower spending.
Read our advice disclaimer here. Australia’s headline inflation rate has fallen to its lowest level in almost three years, coming in at 2.7% for the year to August, according to the Australian ...
“The Reserve Bank of Australia (RBA) kept rates at a 12-year high of 4.35% following its 24 Sep meeting, as expected, and ...