News

RBA rate cut at risk on more women finding full-time jobs

The number of female full-time workers grew by 40,000 while male full-time workers rose by 20,000. On Tuesday the RBA ...

Why Australia is $3000 poorer per person, according to RBA economists

If competition in the mid-2010s had been the same as in the mid-2000s, productivity and economic output would be 1 per cent 3 ...

Australia jobs rebound in July, unemployment dips in major relief

Australian employment rebounded in July as firms took on more full-time workers, data showed on Thursday, pulling the jobless ...

Living standards smashed on a lack of business competition: RBA

Australians are $3000 a person worse off as a lack of competition among businesses adds to the country’s productivity woes.

Reserve Bank of Australia Cuts Rates and Points to Further Easing

The Reserve Bank of Australia delivered its third interest rate cut since the start of the year, responding to evidence that ...

Australia unemployment rate expected to edge lower in July, improving to 4.2%

The Australian Unemployment Rate is foreseen at 4.2% in July, down from the 4.3% hit in June. Australia is expected to have added 25,000 new positions in the month, after two months of disappointing ...

Australia's central bank cuts interest rates to 3.6%, lowest level since April 2023 amid moderating inflation and cautious outlook

The Reserve Bank of Australia (RBA) cut its cash rate by 25 basis points to 3.6% at its August meeting, matching market ...

More RBA cuts are coming, but will they be enough for the ASX?

The ASX 300 is now only slightly less expensive than it was back in 2021, when global rates were around zero and governments ...