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Investing.com-- Australia’s economy grew less than expected in the first quarter of 2025, gross domestic product data showed on Wednesday, as weak local spending and sluggish exports weighed on...
Investing.com-- Australia’s retail sales unexpectedly contracted in April, drumming up some concerns that private spending in the country is cooling after years of outperformance, especially amid...
Investing.com-- Australia consumer price index inflation read higher than expected for April, remaining steady from the past month as underlying inflation also rose marginally, casting doubt over...
Investing.com -- The Australian dollar (AUD) experienced a significant drop against the US dollar (USD), declining over 0.75% due to a combination of anticipated rate cuts and unexpected dovish...
Investing.com-- The Australian dollar weakened against the greenback on Tuesday after the Reserve Bank of Australia (RBA) lowered its benchmark interest rate by 25 basis points to 3.85%, citing rising...
Investing.com-- The Reserve Bank of Australia cut interest rates as expected on Tuesday following a recent decline in inflation, with the central bank warning that heightened uncertainty over the...
Investing.com-- The Reserve Bank of Australia will likely look past a stellar job market reading for April, ANZ said in a Thursday note, with the central bank still expected to cut interest rates by...
Investing.com-- Australia’s job market grew much more than expected in April, signaling that the labor market remained tight and providing the Reserve Bank of Australia with lesser impetus to cut...
Investing.com-- Australian consumer sentiment rebounded slightly in May from a tariff-induced slump in the previous month, due to an improvement in financial markets and easing fuel prices, a private...
Investing.com -- The incumbent Australian Labor Party (ALP), led by Anthony Albanese, has achieved a resounding victory in the 2025 Federal Election, surpassing expectations and increasing their lead...
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