Australia's top power producer AGL Energy posted a drop in half-year profit and narrowed its earnings forecast on Wednesday as cost-of-living concerns forced it to absorb higher electricity costs ...
Bond yields in Asia climbed after Federal Reserve Chair Jerome Powell signaled patience before cutting interest rates further and as investors look ahead to the upcoming CPI data.
On the domestic front, Australia’s Q4 Consumer Price Index (CPI) showed headline inflation at 2.5% YoY, down from 2.8%, and a trimmed mean CPI at a three-year low of 3.2%.
The Australian Dollar (AUD) bounces back strongly to near 0.6290 after a weak opening around 0.6235 on Monday. The AUD/USD ...
The central bank would be well advised not to misjudge the politics. An easing of monetary policy would put more jobs and ...
Challenger is on a mission to redefine retirement income for Australians, celebrating almost 40 years of helping Australians ...
Australian households and businesses should benefit from lower interest rates and improved market conditions, in what a University of South Australia economist predicts will be a year of recovery for ...
Excise duty rates levied on alcohol are indexed every six months, with adjustments made in accordance with the upward ...
Of course, you probably don’t spend on the exact same things, or buy the exact same amount, as people on the other side of ...
NAB has joined the other big four banks in forecasting a 0.25% February rate cut, after the December consumer price index ...
The new inflation numbers are a bombshell. But until the RBA cuts interest rates, the government won't see much love from the public.
According to the Australian Bureau of Statistics (ABS), the country’s consumer price index (CPI) rose by 0.2% in the December 2024 quarter, lowering annual inflation to 2.4%. Falling fuel and ...