SYDNEY (Reuters) -Australia's monetary policy faces an unusual challenge as the economy began recovering last year with demand still above potential output, a top central bank official said on Monday, ...

CANBERRA/SYDNEY (Reuters) -Australia's economy is in a good place, its top central banker said on Monday, while slowing inflation and a resilient labour market mean policymakers have room to ease ...

Discover how the Australian Bureau of Statistics collects and analyzes data to inform decision-making in Australia through ...

Australia’s central bank has lifted its benchmark interest rate by a quarter percentage point to 3.85%, after three rate cuts ...

The country's GDP expanded 2.1% compared with the same period a year earlier. On a quarter-on-quarter basis, Australia's GDP grew 0.4%. Domestic final demand contributed 1.1 percentage points to ...

Australia’s economic growth accelerated in the second quarter, led largely by household consumption and reinforcing the case for the Reserve Bank to keep interest rates unchanged later this month.

Australia’s economy is in a “pretty good spot” with inflation inside the central bank’s 2%-3% target band and the labor market still tight, Governor Michele Bullock said Friday. “We’ve got a good ...

This comes as the country sees its highest level of inflation in six quarters.

Australia's economy grew by 0.4% in the third quarter of 2025, marking its 16th consecutive quarter of GDP expansion. While this followed an upwardly revised reading for Q2, it fell short of market ...

Deputy Governor Andrew Hauser recently defended the central bank’s refusal to comment on the government’s spending decisions, asserting that it’s not the job of unelected officials to critique elected ...