Millions of Australian workers will get a 3.5 per cent pay rise from July 1, following the Fair Work Commission's annual ...

But inflation has fallen in both countries, and Australia's Reserve Bank is expected to start cutting interest rates soon. In recent years, New Zealand and Australia have both experienced high ...

Australia’s central bank has reduced its benchmark interest by a quarter percentage point for a second time this year to 3.85% after inflation fell within a target range ...

CANBERRA, Australia (AP) — Australian inflation rose farther, according to new data released on Wednesday that increases the likelihood of the central bank next week hiking interest rates for a ...

The no-nonsense independent senator fired up after a member of the studio audience asked a question about inflation on ABC's Q+A on ... Stiglitz and outgoing Australian Financial Review editor ...

Annual inflation is 2.4% ... recession—but a technical recession remains unlikely,” he told the ABC. “Australia’s population is growing rapidly, supporting overall economic activity.” ...

Further interest-rate cuts appear likely, after the Australian central bank signaled last week growing concerns about the ...

Australia’s economy is showing signs of improvement, with declining inflation, rising real wages, and economic growth without a recession. However, concerns remain about labour productivity and ...

Australian consumer inflation held steady in April as higher health and holiday costs offset a drop in petrol prices, ...