Australia cuts interest rates to record low of 1.75% to fight deflation

The Reserve Bank of Australia has cut its benchmark interest rate to a historic low of 1.75% ahead of budget Australia’s central bank cut its benchmark interest rate to a record low of... Read more »

What economists are saying about Australia’s bumper GDP report

Australia’s GDP report shows the economy growing by a larger-than-expected 0.9% in the September quarter on the back of surging commodities exports and strengthening household consumption. Having had time to digest the... Read more »