The price of oil is surging as tensions in the Middle East escalate, with increasing speculation that Israel may target Iran's oilfields.
The Reserve Bank of Australia (RBA) Cash Rate now sits at 4.35%pa and the annual inflation rate in the year to July is 3.5%.
The Reserve Bank of Australia (RBA) Cash Rate now sits at 4.35%pa and the annual inflation rate in the year to July is 3.5%.
Inflation in the world’s largest economy continues to ease, mirroring a global trend, and paving the way for a potential Federal Reserve rate cut in[…]
Australia’s economy grew by a meagre 0.2% in the June quarter, taking the annual rate to 1%, the lowest rate of growth since the 1990s,[…]
Australian inflation falls to 3.5% as hopes for an RBA rate cut rise. Discover the impact on ASX shares, global cash rates, and key insights[…]
Australia’s major banks including CBA and ANZ have slashed interest rates on various term deposit products.
Wage pressure in Australia shows continued signs of easing, increasing by 0.8% in the June quarter which was lower than 0.9% and 1% in the[…]
The RBA held the official cash rate steady at 4.35% per annum this week after quarterly inflation data came in better than expected.
The quarterly CPI data released this week shows that inflation increased by 1% in the June quarter, taking the annual inflation rate to 3.8%, up[…]