Australia Services Sector Accelerates In August - Judo Bank

Australia Inflation Rises In November

Australia's consumer price inflation accelerated in November largely due to the timing of electricity rebate, the Australian Bureau of Statistics said on Wednesday. Headline inflation rose to 2.3 percent in November from 2.1 percent in October. Inflation was slightly above economists' forecast of 2.2 percent. However, annual trimmed mean inflation eased to 3.2 percent from 3.5 percent.

RTTNews | 17h 19min ago

Australia Building Permits Sink 3.6% In November

The total number of building permits issued in Australia was down a seasonally adjusted 3.6 percent on month in November, the Australian Bureau of Statistics said on Tuesday - coming in at 14,998.

RTTNews | 1 day ago

Australia Services PMI Improves To 50.8 - S%P Global

The services sector in Australia continued to expand in December, and at a faster rate, the latest survey from S&P Global revealed on Monday with a services PMI score of 50.8.

RTTNews | 2 days ago

RBA Minutes: Australia GDP Remains Softer Than Expected

Members of the Reserve Bank of Australia's Monetary Policy Board said that the country's gross domestic product continues to be subdued and is softer than expected, minutes from the central bank's December 9-10 meeting revealed on Tuesday.

RTTNews | 15 days ago

Australia Budget To Slip Into Deficit In 2024-25

Australia's budget is forecast to slip into deficit in 2024-25 after recording back-to-back surpluses for the first time in almost two decades, Treasurer Jim Chalmers said Wednesday. In the latest Mid-Year Economic and Fiscal Outlook, the government projected a deficit of A$26.9 billion for 2024-25. However, this was A$1.3 billion smaller than projected in the budget.

RTTNews | 21 days ago

Australia Manufacturing PMI Slips To 48.2 In December - Judo Bank

The manufacturing sector in Australia continued to contract in December, and at a faster pace, the latest survey from Judo Bank revealed on Monday with a manufacturing PMI score of 48.2.

RTTNews | 23 days ago

Australia Jobless Rate Falls To 3.9% In November

The unemployment rate in Australia came in at a seasonally adjusted 3.9 percent in November, the Australian Bureau of Statistics said on Thursday.

RTTNews | 27 days ago

Australia Central Bank Keeps Rate Unchanged As Expected

Australia central bank left its key interest rate unchanged for the ninth straight session on Tuesday but today's statement lifted hopes of an early interest rate cut. The policy board of the Reserve Bank of Australia governed by Michele Bullock decided to retain the cash rate target at a 13-year high of 4.35 percent. The decision matched expectations.

RTTNews | 29 days ago

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