U.S. World Business Lifestyle
Today: August 13, 2026
Today: August 13, 2026

Australian economy

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Asian stocks rise as US inflation data dents September Fed hike bets

Asian stocks rose on Thursday after U.S. inflation data came in as expected, dampening expectations of further near-term Federal Reserve rate hikes, while

Asian stocks rise as US inflation data dents September Fed hike bets
Australia|Business|Economy|Finance|World

Australia central banker says rate hikes working as intended

A top Australian central banker said on Thursday the three cash rate increases earlier this year were having their intended effects, with tight monetary conditions weighing

Australia central banker says rate hikes working as intended
Business|Economy|Environment|World

Australia promised 1.2 million new homes, but builders are at their limits

In the Australian city of Brisbane, builder Jay Perham has been forced to pour concrete at a new housing site during the night, unable to

Australia promised 1.2 million new homes, but builders are at their limits
Business|Economy|Finance|World

Australian lender CBA's record profit clouded by 15% mortgage application slump

Commonwealth Bank of Australia said mortgage applications had dropped 15% since property tax changes in May, one of several challenges

Australian lender CBA's record profit clouded by 15% mortgage application slump
Australia|Business|Economy|Finance|Stock Markets

Australia inflation undershoots forecasts, markets pare rate hike bets

Australian consumer prices rose at a slower pace in the June quarter as fuel costs eased from peaks, while core inflation undershot forecasts and lessened

Australia inflation undershoots forecasts, markets pare rate hike bets
Australia|Business|Economy|World

Australia's sudden housing chill seeps into economy

Australia's housing market is suffering its worst slowdown since the pandemic as rising borrowing costs and a sharp reversal in tax breaks

Australia's sudden housing chill seeps into economy
Australia|Business|Economy|World

Australia trade swings to $2.1 billion deficit in May, largest since 2015

Australia's balance on goods trade in May unexpectedly swung to the largest deficit in over a decade, data showed on Thursday, as exports of gold and iron ore fell sharply.

Australia trade swings to $2.1 billion deficit in May, largest since 2015
Business|Economy|Environment|Finance|Stock Markets|World

The economic consequences of the peace

A U.S. Iran deal is in place for now but the next few weeks will test whether a more permanent agreement can be reached.

The economic consequences of the peace
Australia|Business|Economy|Finance|World

Australia consumer confidence slips in June as finances squeezed

A measure of Australian consumer sentiment fell back in June as rising borrowing costs and higher petrol prices squeezed family finances, a survey showed on Tuesday, while

Australia consumer confidence slips in June as finances squeezed
Business|Economy|World

Australia business conditions steady in May, mood still gloomy

Australian business conditions steadied in May as sales strengthened a little, a survey showed on Tuesday, while confidence stayed gloomy as cost pressures squeezed profit

Australia business conditions steady in May, mood still gloomy
Australia|Business|Economy|Finance|Stock Markets|World

Australia's central bank monitoring impact of higher rates, energy price shock

Australia's central bank is closely monitoring economic conditions to assess how higher interest rates and the global energy price shock are playing out, its top central

Australia's central bank monitoring impact of higher rates, energy price shock
Australia|Business|Economy|World

Australia April goods trade back in surplus as exports rebound

Australia's balance on goods trade swung back into surplus in April after a surprise deficit the month before, data showed on Thursday, as a rebound in resource exports

Australia April goods trade back in surplus as exports rebound
Australia|Business|Economy|World

Australian government spending flat in Q1, no boost to GDP

Australian government spending was flat in the first quarter, data showed on Tuesday, offering no impetus to economic growth early in the year after a run of strong outcomes

Australian government spending flat in Q1, no boost to GDP
Australia|Business|Economy|Finance|World

Australia consumer inflation slows in April, core creeps higher

Australian consumer prices increased by less than expected in April thanks to a government tax cut on fuel, data showed on Wednesday, while core inflation ticked up as

Australia consumer inflation slows in April, core creeps higher
Australia|Business|Economy|Finance|World

Australia consumer sentiment edges up in May but remains gloomy

Australia's consumer sentiment rose in May as the oil shock triggered by the Iran war showed signs of easing slightly, but uncertainty over energy supplies and the third

Australia consumer sentiment edges up in May but remains gloomy
Australia|Business|Economy|Finance|Stock Markets|World

Australia's CBA shares slump on tax changes, provisions; lenders fall

Australia's largest lender, Commonwealth Bank of Australia (CBA) lost nearly A$30 billion ($21.7 billion) in value as its shares slid on

Australia's CBA shares slump on tax changes, provisions; lenders fall
Australia|Business|Economy|World

Australia's home price growth hits lowest in over a year, led by falls in big cities

Australia's home prices rose at the slowest pace in over a year in April as higher borrowing costs and war in the Middle East pushed prices in Sydney and Melbourne into

Australia's home price growth hits lowest in over a year, led by falls in big cities
Business|Economy|Finance|World

Australia inflation jumps with worse to come, rate hike looms

Australian consumer prices surged in the first quarter as war in the Middle East drove up energy costs, while core inflation stayed uncomfortably high for

Australia inflation jumps with worse to come, rate hike looms
Business|Economy|Technology|World

Microsoft bets big on AI in Australia with $18 billion investment

Microsoft said on Thursday that it will invest A$25 billion ($17.9 billion) in Australia by the end of 2029 to boost computing and artificial intelligence

Microsoft bets big on AI in Australia with $18 billion investment
Business|Economy|Environment|Political|World

Australian leader urges using public transport, says war's effects will last months

Australian Prime Minister Anthony Albanese warned the economic shocks of the war in the Middle East would be felt for months and

Australian leader urges using public transport, says war's effects will last months
Business|Economy|Finance|Stock Markets|World

Australia's jobless rate stays low in March but Iran war risks loom

Australian employment rose broadly in line with expectations in March, while the jobless rate stayed low, but a war-driven global energy shock could test the labour

Australia's jobless rate stays low in March but Iran war risks loom
Australia|Business|Economy|Finance|Lifestyle|World

Australia's household spending surges, lifting rate hike bets

Australian households went on the biggest spending binge in almost two years in October in just the latest example of economic froth that could mean the next

Australia's household spending surges, lifting rate hike bets
Australia|Business|Economy|Finance|Stock Markets

Australia's inflation stubbornly high in October, closing door for rate cuts

Australian consumer inflation accelerated for a fourth straight month in October, a new data series showed on Wednesday, a hot result that has markets giving up hopes

Australia's inflation stubbornly high in October, closing door for rate cuts
Australia|Business|Economy|World

Australia central bank scrutinising three factors that could sway policy

Australia's central bank is examining three issues that could influence policy, including whether firms have changed how they set prices and whether the transmission channels for

Australia central bank scrutinising three factors that could sway policy