SYDNEY (Reuters) -Australian business activity stalled in May as consumers kept their wallets shut despite a cut in interest ...

Australia's economy has barely moved in the last quarter — GDP slowed to 0.2 per cent in the first three months of 2025, down ...

The GDP figure comes as the Reserve Bank of Australia slashed rates to its lowest level in two years to bolster growth.

SYDNEY--Australian Treasurer Jim Chalmers on Tuesday elevated Jenny Wilkinson to Secretary of the Treasury, a post that brings with it a seat on the monetary policy board of the Reserve Bank of ...

The Reserve Bank cut the official cash rate by 25 basis points, taking it down to 3.85 per cent. That's the lowest it's been since May 2023. All big four banks have passed on the cut to variable home ...

SYDNEY (Reuters) -Australia's independent wage-setting body on Tuesday raised the national minimum wage by 3.5% effective ...

The Reserve Bank of Australia (RBA) is Australia's central bank, deriving its functions and powers from the Reserve Bank Act 1959. Its primary duty is to contribute to currency stability ...

The Reserve Bank of Australia trimmed its cash rate by 25 basis points to a two-year low of 3.85%, citing progress in reducing inflation and global uncertainty caused by U.S. tariffs. The easing ...

The Reserve Bank of Australia lowered its cash rate by 25 basis points, taking the rate below 4% to 3.85% during its latest meeting. The move aligns with market expectations and brings borrowing ...

Asia-Pacific markets climbed Tuesday as investors look toward the Reserve Bank of Australia's policy rate decision, as well as the listing of the world's largest battery manufacturer Contemporary ...

The Reserve Bank of Australia came into being on 14 January 1960 as Australia's central bank and banknote issuing authority, when the Reserve Bank Act 1959 removed the central banking functions ...