![Australia Monthly Inflation Jumps to 6.8%, Raising Rate Pressure](/i/c/babfc3ed-8d2e-6990-0753-da68cdb72c86.webp)
Australia Monthly Inflation Jumps to 6.8%, Raising Rate Pressure
Australian inflation accelerated, snapping three months of easing, sending government bond yields higher as traders fretted about potentially
2023-05-31 10:18
![PwC Barred From All New RBA Contracts Until Scandal Clears](/i/c/cb097e60-0449-8018-7696-2f4c01adb34e.webp)
PwC Barred From All New RBA Contracts Until Scandal Clears
Reserve Bank of Australia Governor Philip Lowe said he’s “appalled” by the tax scandal that’s engulfed PricewaterhouseCoopers and
2023-05-31 08:54
![Australia’s Building Approvals Slump to Lowest Level in 11 Years](/i/c/707a1614-9fed-38f5-c639-34ad7d08c67f.webp)
Australia’s Building Approvals Slump to Lowest Level in 11 Years
Australian approvals to build new homes tumbled to the lowest level in 11 years, driven by fewer permits
2023-05-30 10:57
![Australia Retail Sales Flat as Higher Rates Drag on Spending](/i/c/098544f4-36b7-94d8-2637-d77bd6de381c.webp)
Australia Retail Sales Flat as Higher Rates Drag on Spending
Australian retail sales were flat in April, ending a three-month streak of gains, suggesting consumers are reining in
2023-05-26 10:46
![Australian Unemployment Climbs, Reducing Rate-Hike Pressure](/i/c/fdf66592-a222-6750-1899-95bfabca5d4f.webp)
Australian Unemployment Climbs, Reducing Rate-Hike Pressure
Australia unemployment unexpectedly increased in April as employers cut jobs — led by full-time roles — reinforcing the
2023-05-18 10:55
![Australia’s Consumer Confidence Slumps on Rate Hike and Budget](/i/c/e7a89390-071d-ef8a-7278-01870b2e7e5d.webp)
Australia’s Consumer Confidence Slumps on Rate Hike and Budget
Australia’s consumer confidence tumbled in May after the Reserve Bank unexpectedly raised interest rates and the government handed
2023-05-16 09:25
![RBA Peak Rate Scenario of 4.8% Saw Faster Price Drop, No Slump](/i/c/af1d18ba-e94a-0b1e-95f2-148958c130a3.webp)
RBA Peak Rate Scenario of 4.8% Saw Faster Price Drop, No Slump
Australia’s central bank considered alternative policy scenarios where its cash rate peaked at 4.8%, a level that returned
2023-05-11 11:56