Tag: Australia Economy
Is the RBA rate hike cycle far from over?
The RBA rate hike decision comes in after four months of steady rate amid concerns over high inflationary pressure....
Australia’s inflation surges beyond expectations
With Australia's inflation rising above market expectations in the September quarter, experts believe that a rate hike in is on the cards. ...
Australia GDP grow slows due to inflation
Australia GDP growth during the first three months of 2023 was hit by cost of living pressures and higher borrowing costs....
Is Australia running into a recession?
For Australia, the risk of recession is rising, but not all seems gloomy. July retail sales jump showing since of resilience....
Australia’s main energy market suspends spot trading
Australia energy crisis has worsened due to soaring coal and gas prices, early onset winter and withholding of supply by some power plants....
Australia cash rate hiked the most in 22 years
Australia's cash rate was hiked earlier this week as the central bank anticipates higher inflation....