CBA earnings miss, RBA rate hold, and a New Zealand cabinet reshuffle rattle Australian banking stocks and the antipodean currencies.
The RBA held rates steady amid persistent inflation, signaling a prolonged restrictive policy that bolsters the Aussie dollar and pressures domestic equities.
RBA holds rates and Westpac profit beats forecasts, driving the Australian dollar and ASX 200 higher amid a quiet session.
Rising borrowing costs and falling home prices threaten to derail Australia’s strong corporate earnings streak, putting equity gains at risk.
Australia’s core inflation missed estimates, prompting markets to sharply reduce the probability of a near-term RBA rate hike, which weakened the Australian…
Rio Tinto's half-year profit surged 15% on strong iron ore sales, beating estimates; the Reserve Bank of Australia kept a hawkish tone,…
RBA Governor Bullock flagged a cooling economy and questioned rate adequacy, injecting uncertainty into the monetary policy outlook and pressuring the Australian…
US trade policy, kiwi dollar weakness, and a de-escalation in Iran tensions drive the latest Australia market briefing from Bloomberg.
RBA survey highlights inflation as Australians' top concern, bolstering the case for the central bank to keep monetary policy tight and pushing…
Sydney’s housing downturn sent Australian home prices to their steepest monthly fall since 2022, signaling that high borrowing costs continue to weigh…
The Australian Treasurer's projection that inflation will crest at 4.25% signals a potential end to the Reserve Bank's tightening campaign, fueling a…
Sydney and Melbourne housing markets shed $128 billion in wealth, stoking recession fears and pushing the Australian dollar lower as the property…