News

Australia's independent wage-setting body on Tuesday raised the national minimum wage by 3.5% effective July 1, a real wage ...
CPI inflation print from the Australian Bureau of Statistics (ABS) showed that the policy-important trimmed mean inflation ...
The GDP figure comes as the Reserve Bank of Australia slashed rates to its lowest level in two years to bolster growth.
Australia is officially back in a per capita recession, but there could be a silver lining for struggling mortgage holders.
Even with this increase, Australia’s lowest paid employees will not be earning as much in real terms as they did before the ...
Australian consumer inflation held steady in April as higher health and holiday costs offset a drop in petrol prices, ...
Australia keeps room for more rate cuts as inflation sticks, while New Zealand’s Reserve Bank trimmed its benchmark rate by ...
SYDNEY] Australia’s economy barely grew in the first quarter as consumers stayed stubbornly frugal and government spending, ...
Australia's economy has barely moved in the last quarter — GDP slowed to 0.2 per cent in the first three months of 2025, down ...
Further interest-rate cuts appear likely, after the Australian central bank signaled last week growing concerns about the ...
The GDP figure comes as the Reserve Bank of Australia slashed rates to its lowest level in two years to bolster growth.