RBA lifts rates to 4.85% as inflation outlook worsens
It’s Melbourne Cup day, the race that stops a nation.
Gold price surges as Fed and geopolitical risks mount
Gold has surged more than 8% in just over a week, climbing back above US$4,400 as…
Strong jobs data lifts rate hike expectations as Australian dollar jumps
Australia's unemployment rate held at 4.4% in June, prompting markets to increase the chances of an…
Inflation is the nation’s biggest economic concern: New Reserve Bank survey tells all
A new RBA survey of 9,000 Australians shows inflation remains the nation's biggest economic concern, ahead…
KPMG Australia weighs major job cuts as scandal fallout deepens
KPMG Australia is reportedly preparing hundreds of job cuts and partner pay reductions after the fallout…
Telstra outage disrupts transport, payments, and businesses in every city nationwide
A nationwide Telstra outage disrupted transport, EFTPOS terminals and businesses, highlighting the economic risks of network…
Japanese Yen sinks to a 40-year low as intervention fears return
The Japanese yen has fallen to its weakest level in almost four decades against the US…
Bullock: Hold call doesn’t rule out further tightening, if that’s required to beat inflation
Michele Bullock has made it very clear that the Reserve Bank is still strongly considering more rate hikes, especially if it’s the only
Reserve Bank holds rates at 4.35% as inflation battle drags on
The Reserve Bank has left the cash rate unchanged at 4.35%, warning inflation remains too high…
Markets rally, ASX surges as US-Iran strike preliminary deal to reopen Strait of Hormuz
Australian shares rallied after the US and Iran confirmed a landmark ceasefire agreement, lifting miners, banks…