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The Reserve Bank of Australia expects wages growth to hold steady around 3.3% this year thanks to the renewal of large public ...
Australia's most powerful banker has predicted interest rate cuts will push up house prices - with the average new mortgage ...
Echoed by the Labor government, the Reserve Bank of Australia board’s statement on monetary policy featured 297 references to the need to boost “productivity.” ...
The dollar weakened on Wednesday after a tame reading on U.S. inflation bolstered expectations of a Federal Reserve rate cut ...
Commonwealth Bank of Australia reported its best full-year cash earnings of A$10.25 billion ($6.69 billion) and a record ...
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 ...
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