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Australia, headline inflation
Australia inflation slows to 3-year low in Aug, core also trends lower
By Stella Qiu SYDNEY (Reuters) -Australian consumer price inflation slowed to a three-year low in August thanks to government rebates on electricity, while core inflation hit its lowest since early 2022 in welcome progress that could open the door to rate cuts.
Australia’s Headline Inflation Rate Falls Back to Target
Australia’s headline inflation rate fell within the Reserve Bank of Australia’s target band for the first time since 2021 in August, but economists warn that this won’t trigger an immediate interest-rate cut.
Australia CPI Inflation Slows to 3-Year Low of 2.7%
SYDNEY (Reuters) - Australian consumer price inflation slowed to a three-year low in August due to government rebates on electricity and a drop in petrol, while core inflation hit its lowest since early 2022 in a sign costs were cooling albeit gradually.
Australia, central bank and rates
Australia's central bank keeps rates on hold, stays hawkish
Australia's central bank on Tuesday held interest rates steady as expected and reiterated that policy needed to stay tight, sticking to its guns a week after the Federal Reserve started its easing campaign with a bang.
Australia's Central Bank Keeps Cash Rate at 4.35%
Wrapping up its September policy meeting, the Reserve Bank of Australia (RBA) kept rates at a 12-year high of 4.35% and said policy would have to be sufficiently restrictive to ensure inflation returned to target.
Australia’s Central Bank Keeps Rates on Hold, Defying Global Trend
The Reserve Bank of Australia kept interest rates steady, deepening a split with global counterparts including the Federal Reserve that are loosening policy as they grow increasingly confident that inflation is under control.
WHO Magazine
21m
Katy Perry is bringing her brand new world tour to Australia in 2025
After a six year break, pop superstar Katy Perry is set to tour again, announcing a string of Aussie stadium gigs in 2025.
Mena FN
8h
Where Do We Stash The Equivalent Of 110 Sydney Harbour Bridges? That's The Conundrum Australia Faces As Oil And Gas Rigs Close
Most of
Australia
's offshore oil and gas projects will be decommissioned in the next 30 years – some in the next decade. An ...
Armed robbery in Revesby
7h
Australia's Dilemma: Storing 110 Sydney Harbour Bridges
Oil and gas wells are dotted off Australia's shores. They involve huge steel structures fixed firmly to the sea floor, and ...
The Economist
8h
What makes Australia so liveable?
To read more of The Economist’s data journalism visit our Graphic detail page.
1d
Australia to mandate licenses for crypto exchanges, per report
Australia may soon institute new rules for crypto exchanges operating in the country, mandating that they acquire financial ...
Cruise Industry News
1d
Diamond Princess Repositions to Australia
Princess Cruises’ Diamond Princess is repositioning to Australia this month. After departing from Japan in early September, ...
19h
on MSN
Australia stocks lower at close of trade; S&P/ASX 200 down 0.13%
Australia stocks were lower after the close on Tuesday, as losses in the Financials, Consumer Staples and Healthcare sectors ...
theMusic
3h
4E Sydney Celebrates 10th Anniversary With 10-Week Program That Celebrates Local Hip Hop
Running over 10 weeks between October and November, 4E Sydney will see some of Australia's best hip-hop talent engage with ...
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