• Australian Associated Press4 days ago

    Unemployment rate eases to 6-year low

    Australia's unemployment rate has slipped to 5.3 per cent in July, its lowest level in six years, beating expectations.

  • Australian Associated Press10 days ago

    Weak spending, wages still worry RBA

    Below-average wage growth and limp consumer spending continue to worry the Reserve Bank of Australia.

  • Australian Associated Press12 days ago

    Immigration helps Australia: RBA governor

    RBA governor Phillip Lowe says Australia's surging population is one reason the economy is performing well and migrants are driving much of that growth.

  • RBA holds cash rate at 1.5%
    Australian Associated Press13 days ago

    RBA holds cash rate at 1.5%

    The Reserve Bank has held the cash rate steady at 1.5 per cent.

  • Sydney home prices drag down Aus average
    Australian Associated Press26 days ago

    Sydney home prices drag down Aus average

    Nationwide property values have posted their first annual slide in six years, driven largely by falling house prices in Sydney and Melbourne.

  • Australian Associated Press26 days ago

    Here's why the Aussie dollar is down again

    Our currency has been knocked back time and time again, and this week is no different.

  • Inflation to keep RBA sidelined on rates
    Australian Associated Press26 days ago

    Inflation to keep RBA sidelined on rates

    Australian consumer prices rose 0.4 per cent in the June quarter, just missing market expectations of a 0.5 per cent rise.

  • Australian Associated Press29 days ago

    Housing 'credit crunch' poses risk to economy

    Australia's economy is good but not great; with one state in particular at risk if there is a clampdown in housing lending.

  • Winter weather hits auction activity
    Australian Associated Presslast month

    Winter weather hits auction activity

    Australia's auction clearance rate dropped to 55.8 per cent last week, from 69.4 per cent over the same period last year, according to CoreLogic.

  • Housing confidence dives to two-year low
    Australian Associated Presslast month

    Housing confidence dives to two-year low

    Confidence in Australia's housing market has fallen to a two-year low, according to NAB's residential property survey, as the bank slashes its price forecasts.

  • AMP flags out-of-cycle mortgage rate hikes
    Australian Associated Presslast month

    AMP flags out-of-cycle mortgage rate hikes

    AMP is the latest lender to impose out-of-cycle mortgage rate hikes in a move that could put further pressure on the housing market.

  • Surprise May jump in home loan approvals
    Australian Associated Presslast month

    Surprise May jump in home loan approvals

    The number of home loan approvals rose in May, beating market expectations, the latest Australian Bureau of Statistics housing finance figures show.

  • Home loan approvals rose 1.1% in May
    Australian Associated Presslast month

    Home loan approvals rose 1.1% in May

    The number of home loan approvals rose in May, beating market expectations, the latest Australian Bureau of Statistics housing finance figures show.

  • Australian Associated Presslast month

    Macquarie Bank hikes mortgage rates

    Macquarie has hiked home loan rates even as the Reserve Bank cash rate remains steady

  • Australian Associated Press2 months ago

    RBA holds cash rate at 1.5%

    The Reserve Bank has held the cash rate steady at 1.5 per cent.

  • Australian Associated Press2 months ago

    Australian shares set to open higher

    The Australian share market looks set to open higher following slight gains on Wall Street.

  • Australian Associated Press2 months ago

    Falling house prices could delay rate hike

    The Reserve Bank appears comfortable with the current decline in house prices, and economists expect interest rates to remain on hold into 2019.

  • Sydney, Melbourne property market cooling
    Australian Associated Press2 months ago

    Sydney, Melbourne property market cooling

    Australia's auction clearance rates are hovering around a six-year low, due to falls in Sydney and Melbourne.

  • Australian Associated Press2 months ago

    Fed raises rates amid stronger inflation

    The US Federal Reserve has raised interest rates to a range between 1.75 per cent and 2 per cent amid stronger inflation while dropping its crisis era guidance.

  • Aust market lower ahead of US Fed decision
    Australian Associated Press2 months ago

    Aust market lower ahead of US Fed decision

    The Australian share market has closed lower as investors await a decision overnight on interest rates from the US Federal Reserve.

  • Wages hitting 'sense of prosperity': RBA
    Australian Associated Press2 months ago

    Wages hitting 'sense of prosperity': RBA

    Slow wage growth is diminishing Australians' sense of shared prosperity, and could make economic reforms more difficult, RBA governor Philip Lowe says.

  • RBA governor upbeat about economy
    Australian Associated Press2 months ago

    RBA governor upbeat about economy

    The Australian economy is moving in the right direction, and an interest rate rise is still a while away, the Reserve Bank of Australia's governor says.

  • Australian Associated Press2 months ago

    Economic growth hits a two year high

    A rise in resources exports fuelled better than expected economic growth in the first three months of 2018.

  • Australian Associated Press2 months ago

    RBA holds cash rate at 1.5%

    The Reserve Bank's cash rate has remained steady at 1.5 per cent for 22 months.

  • RBA's record low rate remains on hold
    Australian Associated Press2 months ago

    RBA's record low rate remains on hold

    The Reserve Bank's cash rate has remained steady at 1.5 per cent for 22 months.