The Australian dollar has gained 158 pips against the US dollar since the Reserve Bank of Australia cut rates by 25 basis points on Tuesday. Even...
Australia’s inflation slightly edge higher than expected in the second quarter (2Q) of the year. The situation daunted the possibility of the Reserve Bank of Australia...
Reserve Bank of Australia announced on Tuesday it will keep stimulus expansion options open as it predicted weak inflation and slow economy in the second quarter...
Australian economy added more full-time jobs in June, even though unemployment edged up to 5.8 percent from 5.7 percent recorded in May, the labour market remains...
There are insinuations that Australia could cut ratesĀ in August, if the Reserve Bank of Australia Go-ahead and reduce the cash rate by 25 basis points to...
The Reserve Bank of Australia left interest rates unchanged on Tuesday, citing moderate growth despite drop in business investment. The central bank left the cash rate...
Australia’s retail sales rose less than expected in May, following a slowdown in household spending. Retail sales increased 0.2 percent in May from 0.1 percent gain...
Australian Building Approvals Fall in May The Australian building approvals plunged in May, ending three months of consecutive gains. The number of people applying for...
Australia’s unemployment rate held steady at 5.7 percent in May, easing the Reserve Bank of Australia pressure to cut interest rates further. Total of 17,900 jobs...
Vima Gor, an investment manager who oversees the equivalent of about $11 billion in fixed income assets at BTIM in Sydney on Thursday predicted that the...