Australia’s economy grew by a meagre 0.2% in the June quarter, taking the annual rate to 1%, the lowest rate of growth since the 1990s,[…]
Australian inflation falls to 3.5% as hopes for an RBA rate cut rise. Discover the impact on ASX shares, global cash rates, and key insights[…]
Australia’s major banks including CBA and ANZ have slashed interest rates on various term deposit products.
Wage pressure in Australia shows continued signs of easing, increasing by 0.8% in the June quarter which was lower than 0.9% and 1% in the[…]
The RBA held the official cash rate steady at 4.35% per annum this week after quarterly inflation data came in better than expected.
The quarterly CPI data released this week shows that inflation increased by 1% in the June quarter, taking the annual inflation rate to 3.8%, up[…]
The People’s Bank of China has cut its seven-day reverse repo rate by 10 bps to 1.7%pa in a bid to increase financial support for[…]
Discover the latest cash rates and inflation figures: The RBA Cash Rate at 4.35% with 4.0% annual inflation, US policy rate between 5.25%-5.5% with 3.0%[…]
New data shows that Australian consumers continue to feel significant pain as persistently higher inflation and borrowing costs erode household balance sheets.
Australia’s median home value climbed to a fresh high of $787,000 in June as prices nationally increased by 6.55% over the past year.