Interest rate markets now expect a nearly 80 per cent chance of a Reserve Bank cash rate hike later in September, after June-quarter GDP figures came in hotter than expected and confirmed zero ...
Australia’s housing downturn has spread beyond Sydney and Melbourne, prompting CommBank economists to revise their forecasts towards a deeper correction.
Australia's productivity could take years to turn around, as fresh data showed another fall and stronger economic growth lifted expectations of further interest rate rises.
Fixed rate borrowing costs are climbing to multi-decade highs around the world as investors adjust to the prospect of ...
US stocks snapped a three-day losing streak as big technology names rose and steadier oil prices and bond yields gave Wall Street a break from recent pressure.
House prices fell across almost 95% of Australian suburbs in August, creating more opportunities for buyers as the national housing downturn continued.
Australia’s economy grew 0.4% in the June quarter and 2.1% over the year, with household spending remaining subdued and the Middle East conflict influencing travel and fuel consumption.
Australian shares posted their first gain of the week as banks rebounded and bond market jitters eased, though ex-dividend drops in BHP, Woodside and Coles limited the rise.
Wall Street fell for a third straight day as fresh US strikes on Iran lifted oil prices, deepened the bond market sell-off and added to inflation worries.
For most Australian businesses, this is business as usual. But those who still surcharge, this change means meeting the ...
Wall Street has rallied as investors curbed their rate hike bets after US Federal Reserve governor Christopher Waller said he would support holding the Fed funds target rate steady if data shows ...
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