The Reserve Bank has left Australia's official interest rate unchanged at the historic low of 2.5 per cent, in line with economists' forecasts.
A bigger-than-expected rise in retail sales during October will stop the Reserve Bank of Australia (RBA) from cutting interest rates again, an economist says.
With a central banker’s careful phrasing, governor Glenn Stevens used one of the precious sentences in his brief post-board statement to point out that public s…
The Australian Bureau of Statistics (ABS) has just released housing finance data for the month of August, which registered a seasonally-adjusted 3.9% fall in th…
Record low interest rates are encouraging more people to take out a mortgage but other parts of the economy aren't being stimulated, new figures show.
Yet another contradiction to ponder about our economy: of the two biggest purchases most Australians make, one is going gangbusters while the other is flat and …
Property markets -- along with the economy -- are still soft, so we're going to have to be a little patient.
Prices rose in six of our eight capitals and in almost every major regional city, highlighting the strength of Australian residential property.
Interest rates are poised to drop again as early as next month with flat retail sales underscoring the deep divide in the economy.