Australia Consumer Sentiment Languishes in Pessimistic Territory
Australia’s consumer confidence slipped further into “deeply pessimistic” territory as rising gasoline, rent and electricity prices squeeze already
2023-09-12 09:16
Fed Threat Means Yen Intervention Still in Play After Rally
The yen remains vulnerable to sharp movements and government intervention even after its rally at the start of
2023-09-12 07:15
Westpac Bank Sees Modest Increase in Stress Amid Inflation Rise
Westpac Banking Corp. said it’s seeing a modest increase in customer stress, while inflationary pressures are causing expenses
2023-08-21 06:27
Sliding Aussie Seen Stoking Prices as Shock-Absorber Fades
Australia’s depreciating currency, historically a boon for the world’s 12th largest economy, appears more likely to fuel inflation
2023-08-11 09:24
Australian Consumer Sentiment Slips as Price Pressures Mount
Australia’s consumer confidence slipped further into “deeply pessimistic” territory as elevated inflation combined with high interest rates intensifies
2023-08-08 08:49
Australia to Hike Rates Once More, Then Cut in 2024, Poll Shows
Australia’s central bank will raise interest rates one more time in its current tightening cycle, economists say, and
2023-08-07 03:28
Aussie Dollar’s Rally May Trip on Policy Meetings, China Worries
The Australian dollar has been on an upswing this month as the greenback weakened. But risks are building
2023-07-24 05:53
Australian Employment Rises Further in June, Currency Gains
Australian employment surpassed expectations in June and the jobless rate held at a lower revised rate, underlining the
2023-07-20 11:25
RBA’s Lowe Faced Disinflation, Pandemic, War in Turbulent Term
Australia’s outgoing central bank chief Philip Lowe proved to be a convenient scapegoat for public anger over surging
2023-07-14 12:50
Australia Consumer Sentiment Edges Up as Monthly Inflation Eases
Australia’s consumer confidence edged up in July — while remaining in “deeply pessimistic” territory — as a cooling
2023-07-11 09:26
Westpac Economist Bill Evans Steps Back, Replaced by RBA’s Ellis
Westpac Banking Corp.’s Bill Evans will shift from chief economist after more than 30 years in the role
2023-07-10 08:16
New Zealand Announces Banking Inquiry Amid Profit Concerns
New Zealand’s government announced an inquiry into its banking sector amid concerns that lenders are making excessive profits.
2023-06-20 08:46