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Future rate cuts may be less likely if renting and construction costs contributing to housing inflation continue to grow.
The dollar slipped for a second straight session on Wednesday, a day after a U.S. inflation reading increased expectations of ...
The July inflation report keeps an interest-rate cut firmly on the table after the Federal Reserve's meeting next month. The lack of an abrupt acceleration in price pressures likely removes an ...
CBA and ANZ's rate cuts take effect from August 22, while NAB's reduction becomes effective from August 25 and Westpac's from ...
Commonwealth Bank of Australia reported its best full-year cash earnings of A$10.25 billion ($6.69 billion) and a record ...
The Reserve Bank of Australia expects wages growth to hold steady around 3.3% this year thanks to the renewal of large public ...
Business lending grew at 11%, 1.3 times the pace of overall market growth. Commonwealth Bank ended the year with an 18.9% share of the business-lending market, up from 18.7% a year earlier. Write to ...
What to Watch in Today's CPI Report; RBA Cuts Rates and Points to Further Easing By Vicky Ge Huang ...
Australia’s central bank cut its interest rates by 25 bps on Tuesday. The benchmark lending rates are now at 3.6%, the lowest ...
The AUD/NZD exchange rate held steady on Tuesday and was about to form a golden cross after the RBA interest rate decision.
The Reserve Bank’s encouraged by the sharp fall in inflation and worried about the global outlook. Here’s why it looks likely ...
Asia shares rise on Tuesday, with Japan’s Nikkei hitting a record high following news that the US and China had agreed to ...
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