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Reserve Bank of Australia
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Australian Unemployment Rate Rose to 4.7% in September on Job Losses, Exceeding Expectations
Australia's unemployment rate in September came in higher than expected at 4.7%, as the economy shed jobs. This indicates a loosening labor market, providing the Reserve Bank of Australia (RBA) scope
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Australia's Household Spending Was Flat in August as Sport Outlays Slipped, Signaling Weakening Demand Ahead of Expected Rate Hike
Australia's household spending was flat in August, suggesting a weakening of demand in the economy as the Reserve Bank is expected to resume raising interest rates later today. Outlays for sport slipp
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RBA Governor Bullock: Australian Businesses Starting to Question if Inflation Will Return Below 3%
Reserve Bank of Australia Governor Michele Bullock told a parliamentary panel on Friday that Australian businesses are starting to "bubble up" a view that elevated inflation is not coming back down be
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Aussie Rises to Highest in 13 Years Against Kiwi on Hawkish RBA
The Australian dollar rose to a fresh 13-year high against its New Zealand peer, driven by a diverging interest-rate outlook by their central banks and a lift in metals prices.
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Westpac Now Sees RBA Raising Cash Rate to 4.6% in November
Westpac Banking’s Luci Ellis cites more resilient household incomes and larger spillovers from the data center boom for the change of call for the Reserve Bank to raise cash rate to 4.6% in November.
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Australia posts second-quarter growth of 2.1%, beating expectations
Australia's economy expanded by 2.1% year on year in the second quarter, exceeding Reuters polled economists' estimate of 1.8%. This stronger-than-expected GDP print may allow the Reserve Bank of Aust
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RBA Governor Bullock Says Australian Economy Cooling, Unsure If Current Rates Are Sufficient
Australia's central bank chief, Michele Bullock, stated that there are signs the economy is adjusting as anticipated. However, she remains unsure if this year's interest-rate hikes are enough to retur
-
Australian Unemployment Rate Rose to 4.7% in September on Job Losses, Exceeding Expectations
Australia's unemployment rate in September came in higher than expected at 4.7%, as the economy shed jobs. This indicates a loosening labor market, providing the Reserve Bank of Australia (RBA) scope
-
Australia's Household Spending Was Flat in August as Sport Outlays Slipped, Signaling Weakening Demand Ahead of Expected Rate Hike
Australia's household spending was flat in August, suggesting a weakening of demand in the economy as the Reserve Bank is expected to resume raising interest rates later today. Outlays for sport slipp
-
RBA Governor Bullock: Australian Businesses Starting to Question if Inflation Will Return Below 3%
Reserve Bank of Australia Governor Michele Bullock told a parliamentary panel on Friday that Australian businesses are starting to "bubble up" a view that elevated inflation is not coming back down be
-
Aussie Rises to Highest in 13 Years Against Kiwi on Hawkish RBA
The Australian dollar rose to a fresh 13-year high against its New Zealand peer, driven by a diverging interest-rate outlook by their central banks and a lift in metals prices.
-
Westpac Now Sees RBA Raising Cash Rate to 4.6% in November
Westpac Banking’s Luci Ellis cites more resilient household incomes and larger spillovers from the data center boom for the change of call for the Reserve Bank to raise cash rate to 4.6% in November.
-
Australia posts second-quarter growth of 2.1%, beating expectations
Australia's economy expanded by 2.1% year on year in the second quarter, exceeding Reuters polled economists' estimate of 1.8%. This stronger-than-expected GDP print may allow the Reserve Bank of Aust
-
RBA Governor Bullock Says Australian Economy Cooling, Unsure If Current Rates Are Sufficient
Australia's central bank chief, Michele Bullock, stated that there are signs the economy is adjusting as anticipated. However, she remains unsure if this year's interest-rate hikes are enough to retur
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Reserve Bank of Australia
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