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Australia Has A$5.644 Billion Trade Surplus

Australia Has A$5.644 Billion Trade Surplus

Australia posted a seasonally adjusted merchandise trade surplus of A$5.644 billion in August, the Australian Bureau of Statistics said on Thursday.
RTTNews | 14 일 전
Australia Services PMI Slows In September - Judo

Australia Services PMI Slows In September - Judo

The services sector in Australia continued to expand in September, albeit at a slower pace, the latest survey from Judo Bank revealed on Thursday with a services PMI score of 50.5.
RTTNews | 14 일 전
Australia Retail Sales Jump 0.7% In August

Australia Retail Sales Jump 0.7% In August

The value of retail sales in Australia was up a seasonally adjusted 0.7 percent on month in August, the Australian Bureau of Statistics said on Tuesday - coming in at A$36.474billion.
RTTNews | 16 일 전
Australia Building Approvals Sink 6.1% In August

Australia Building Approvals Sink 6.1% In August

The total number of building permits issued in Australia was down a seasonally adjusted 6.1 percent on month in August, the Australian Bureau of Statistics said on Tuesday said on Tuesday - coming in at 13,991 consents.
RTTNews | 16 일 전
Australia Inflation At 3-Year Low

Australia Inflation At 3-Year Low

Australia's inflation slowed to a three-year low in August on falling auto fuel and electricity prices, the Australian Bureau of Statistics reported Wednesday. Annual inflation eased to 2.7 percent in August from 3.5 percent in July. This was the lowest since August 2021 and matched expectations. CPI inflation excluding volatile items and holiday travel was 3.0 percent in August, down from 3.7 p
RTTNews | 21 일 전
Australia Holds Rate At 12-Year High; Near Term Cut Unlikely

Australia Holds Rate At 12-Year High; Near Term Cut Unlikely

Australia's central bank left its interest rate unchanged at a 12-year high for the seventh straight meeting as widely expected and vowed not to cut interest rates in the near-term as returning inflation to target remains the highest priority. The policy board of the Reserve Bank of Australia governed by Michele Bullock decided to maintain the cash rate target at 4.35 percent.
RTTNews | 22 일 전
RBA Chief Says Rate Cuts Are Premature

RBA Chief Says Rate Cuts Are Premature

Reserve Bank of Australia Governor Michele Bullock said it is premature to think about interest rate cuts and the highest priority is to bring inflation sustainably towards the target. At the Anika Foundation, Bullock reiterated that the bank remains vigilant to upside risks to inflation and the monetary policy needs to remain sufficiently restrictive.
RTTNews | 41 일 전