The Australian unemployment rate held steady at 4.1% in October, a sign of ongoing stability in the job market despite softening economic conditions.
Donald Trump’s return to the White House is still being digested by financial markets, but we’ve already seen Treasury yields spike.
Australian inflation slowed to 2.8% annually in the September quarter, marking its lowest rate in over three years
Australia is expected to record the second-highest inflation reading out of 42 advanced economies over the course of next year.
Inflation is (slowly) falling in Australia, but excessive government spending threatens to erode the RBA's progress.
The Reserve Bank of New Zealand has slashed its key policy rate by 50 basis points as recessionary fears intensify.
The price of oil is surging as tensions in the Middle East escalate, with increasing speculation that Israel may target Iran's oilfields.
The Reserve Bank of Australia (RBA) Cash Rate now sits at 4.35%pa and the annual inflation rate in the year to July is 3.5%.
The Reserve Bank of Australia (RBA) Cash Rate now sits at 4.35%pa and the annual inflation rate in the year to July is 3.5%.
Inflation in the world’s largest economy continues to ease, mirroring a global trend, and paving the way for a potential Federal Reserve rate cut in[…]