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Markets are widely-tipping an interest rate cut next week, but homeowners can't be certain they'll reap the benefits.
There is speculation afoot that China’s hardline President Xi Jinping may be replaced by a much more pragmatic and Western-friendly successor.
Welcome to our live blog tracking the latest news and developments from Australia. Stay updated with real-time insights into ...
SYDNEY--Australian consumer demand showed signs of life in May as the impact of interest-rate cuts over recent months drove a jump in spending. Household spending rose 0.9% in May, the Australian ...
Robust US jobs data prompted bond traders to extinguish bets of a Fed rate cut this month, while the chance of a Reserve Bank ...
This easing cycle reflects a moderation in inflation, which dropped to 2.1% in May and is forecast to average 2.6% in 2025.
What does this mean for investors? The post Major bank slashes interest rates 6 days ahead of RBA decision appeared first on ...
Australian shares finished at a new all-time high on Wednesday, driven by a broad-based rally led by miners, as sluggish retail sales fuelled expectations of an interest rate cut next week and boosted ...
SYDNEY--Australia's retail sales growth was weaker than expected in May, sending a further signal that the economy is struggling to gather momentum even as interest rates are being cut. Retail ...
Data from the Australian Bureau of Statistics (ABS) on Wednesday showed retail sales rose 0.2% in May from April, when they ...
Fed Chair Jerome Powell said Tuesday that the central bank would have already cut interest rates if it weren’t for Trump’s ...
House prices are expected to soar at a faster pace in capital cities compared with regional areas as interest rates are cut ...