Wednesday, December 3, 2014
Australia's central bank on Tuesday held interest rates at a record low 2.5 percent, signaling its intention to keep an accommodative monetary policy while saying a weaker exchange rate was needed to support growth.
Saturday, November 29, 2014
Australian energy firms were hit hard Friday by the OPEC oil cartel's decision against cutting production, with stocks tumbling across the board as crude prices hit four-year lows.
Friday, November 28, 2014
An Australian parliamentary committee Thursday recommended strengthening rules on foreign investment in the country's booming housing market, calling enforcement of the current framework "severely lacking."
Tuesday, November 11, 2014
Regulators stated that the Shanghai-Hong Kong stock trading link will begin in a week's time on Monday, Nov. 17, spurring on gains in markets across Asia.
A global infrastructure hub proposed by G-20 nations to help strengthen economic growth will be based in Sydney and funded by Australia, a report said on Monday.
Wednesday, November 5, 2014
Australia's central bank Tuesday kept interest rates at a record low 2.5 percent, maintaining an unchanged outlook for the country's economy as it continued to call for a weaker currency.
Wednesday, October 22, 2014
Australia's foreign investment watchdog has approved an Asian consortium's AU$1.34 billion (US$1.18 billion) bid for Goodman Fielder, the food manufacturer said Tuesday.
Tuesday, October 21, 2014
Australian banks' confidence in the investor property market is a sign that property loans are expected to hold up for a while more.
Friday, October 10, 2014
Australia's unemployment rate rose to 6.1 percent in September, official data showed Thursday, as the statistics bureau revised down readings from previous months amid uncertainty over how the figures are calculated.
Wednesday, October 8, 2014
Australia's central bank maintained interest rates at a record low for the 13th straight time Tuesday, flagging a "period of stability" as it toned down comments about the local dollar.