Australian economy grows modestly in Q2 Australia's economy expanded by more than expected in the second quarter, driven by exports and investment, while household consumption remained weak as decade-high interest rates … Business • 06 Sep
Australia pauses rate hikes to assess inflation Australia's central bank has left its cash rate unchanged at 3.6% to break a run of 10 hikes in a row, saying it wanted additional … Business • 04 Apr
Australia's central bank optimistic on recovery Australia's top central banker has said that the coronavirus lockdowns would cause a sharp contraction in the economy this quarter but was confident activity would … Business • 14 Sep 21
Australian growth beats forecasts in second quarter Australia's economy expanded more than expected in the second quarter, easing concerns that the country could suffer a double-dip recession as it battles a fresh … Business • 01 Sep 21
Australia holds interest rates as housing market booms Australia's central bank held rates at near-zero in a widely expected move today as easy monetary and fiscal policies propped up the coronavirus-hit economy, fueling … Business • 01 Dec 20
Australia cuts interest rates to historic lows Australia's central bank has today cut interest rates to historic lows and ramped up its huge bond-buying programme in a push to help revive the … Business • 03 Nov 20
Australia's central bank holds interest rates steady Australia's central bank today held its cash rate at a record low but hinted at further monetary easing as it looks to create jobs in … Business • 06 Oct 20
Australian economic growth picks up but outlook cloudy Australia's economy expanded by more than expected in the last quarter, easing the risk of a recession. Business • 04 Mar 20
Australia's bushfires start to hit economy The peak summer holiday period should bring boatloads of cruise-ship passengers and other holiday makers to the Australian coastal town of Eden, with visitors thronging … Business • 10 Jan 20
Australian economy stuck in slow lane in Q3 Australia's economy struggled in the third quarter as cash-strapped consumers refused to spend, even going so far as saving a tax give-away that had been … Business • 04 Dec 19
Australian reserve bank holds rates, signals future cut Australia's central bank left interest rates on hold today, brushing off calls for a cut to protect the country's 27-year recession-free run. Business • 07 May 19
Australian economy stalls as consumers spend less Australia's economic growth stalled in the third-quarter of the year with consumer spending running out of steam as house prices fell further, official data showed … Business • 05 Dec 18
Australia's economy storms ahead in second quarter Australia's economy sped past all expectations in the last quarter as rapid population growth fuelled demand for homes and infrastructure. Business • 05 Sep 18
Australia keep interest rates unchanged Australia's central bank left interest rates at record lows today, as expected. Business • 05 Jun 18
Australia slows as weak exports impact economic growth Australia's economic expansion slowed in the last three months of 2017 despite a lift in consumer spending as net exports weighed on growth, official data … Business • 07 Mar 18
Australia's central bank less upbeat on growth Australia's central bank left interest rates at record lows today, as expected, and sounded less confident that the economy would grow at 3% or more … Business • 06 Mar 18
Business investment boosts Australia's economy Australia's economy grew by 0.6% in the third-quarter, as business investment lifted despite weak household spending, reflecting the divergence between the two segments. Business • 06 Dec 17
Australia holds rates steady ahead of budget Australia's central bank held interest rates at a record low 1.5% today after annual inflation moved back into its target range, as it treads water … Business • 02 May 17
Australia's central bank keeps rates on hold Australia's central bank held interest rates at a record low of 1.5% today but soft inflation and growth figures kept the door open for future … Business • 07 Feb 17
Australia sees first contraction since 2011 Australia's economy shrank for the first time in over five years last quarter as businesses, consumers and government all cut back on spending, an unexpected … Business • 07 Dec 16