Economy
Cooler Australian Inflation Slashes RBA Rate Hike Odds
Australia's core inflation came in cooler than anticipated last quarter, prompting money markets to slash bets on another interest-rate increase this year.
#australian economy 4 articles
Economy
Australia’s Q1 Growth Halves, Misses Forecasts Amid Household Caution
Australia's economic growth decelerated sharply in the first quarter, missing expectations as households tightened spending due to rising interest rates and higher...
Stocks
Australians Demand Over A$1 Million for Retirement Comfort
A new survey by Colonial First State reveals Australians now believe they need over A$1 million to retire comfortably, driven by inflation...
Finance
NAB Misses Profit Estimates Amid Software Expenses, Credit Provisions
National Australia Bank Ltd. missed first-half profit estimates, reporting A$2.64 billion. Higher software costs and increased credit provisions weighed on earnings.