Australia

SYDNEY (Reuters) - The Australian dollar held near three-month lows on Friday after weak U.S. data fueled fears of a sharp slowdown in the world's largest economy, prompting investors to seek refuge in the safe-haven yen and Swiss franc.…

By Ringo Jose SYDNEY (Reuters) - Australia is struggling to improve the lives of its indigenous people with only five out of 19 measures on track to meet targets, a government report showed on Wednesday. Aboriginal and Torres Strait…

Australian Bureau of Statistics data showed that inflation in Australia maintained its quarterly growth of 1.0% in the second quarter of 2024, which was driven by price increases in food, clothing, alcohol and tobacco products. On an…

Breadcrumbs Path LinksPMN BusinessThe debate over whether the Reserve Bank of Australia needs to tighten monetary policy late in the cycle is likely to be resolved with the release of quarterly inflation data this week - and the currency is…

In a move that sent shockwaves through the cryptocurrency community, HSBC Australia, one of the country’s leading financial institutions, has announced that… Advertise A blanket ban on all payments to cryptocurrency exchanges. From July 24,…

Key points from Westpac Bank in its CPI preview, which said: “June CPI should not close the door on interest rate cuts”:Westpac Bank confirmed its June quarter CPI forecast of 1.0% q/3.8% y/y which we first issued on June 18 and left…

Kraken Institutional, the specialized division serving institutional investors of US cryptocurrency exchange Kraken, has announced the international expansion of its custody services into the UK and Australia. This step…

MELBOURNE (Reuters) - Australian miner BHP Group said on Thursday it would temporarily suspend operations at its Nickel West and West Musgrave projects from October as it grapples with a sharp drop in metals prices and oversupply in the…

By Scott Murdock and Rajasik Mukherjee SYDNEY (Reuters) - Australian auto parts retailer Babcor on Tuesday rejected a A$1.83 billion ($1.23 billion) takeover bid from private equity firm Bain Capital, saying it did not fully reflect the…

The Reserve Bank of Australia meets today and tomorrow, Monday 17 June 2024 and Tuesday 18 June 2024.The bank's decision is scheduled to be issued at 2.30pm Sydney time on TuesdayThis is 0430 GMT and 0030 EST RBA Governor Bullock will…