Australia's Housing Slump Erases $128 Billion in Sydney, Melbourne Value
Sydney and Melbourne housing markets lost $128 billion in value, signaling deeper economic risks for Australia and a likely RBA pivot.
Sydney and Melbourne housing markets lost $128 billion in value, signaling deeper economic risks for Australia and a likely RBA pivot.
Australia’s unemployment rate fell in May as hiring rebounded, signaling a strong labor market that may delay RBA rate cuts, lift the…
Australia’s core inflation rate jumped to 3.2% in May, exceeding forecasts and maintaining pressure on the Reserve Bank of Australia to keep…
Pimco favors Australian bonds, forecasting RBA rate cuts in 2027 as economic headwinds mount, lifting sovereign debt prices.
Bond funds are piling into Australian government debt as bets that the RBA has finished hiking fuel demand, driving 10-year Australian government…
China's scrutiny of Fortescue and an RBA inflation warning inject fresh uncertainty into Australian markets, weighing on mining stocks while supporting the…
RBA's Harper warns of rising inflation expectations, boosting AUD/USD as rate-cut hopes fade.
Westpac warns that Australia's $111 billion data-center expansion could keep interest rates elevated as surging energy demand and construction activity add persistent…
RBA's Hewson says today's economies absorb oil shocks better than the 1970s, lowering recession risks from crude spikes.
Australian core CPI inflation accelerated in April, fueling expectations that the Reserve Bank of Australia will maintain a restrictive monetary policy, driving…
Sydney’s deserted home auctions reveal a deepening property slowdown in Australia’s priciest city, raising fears of weaker consumer spending, reduced construction, and…
Sydney property auctions draw sparse crowds, pointing to a housing slowdown that pressures the Australian dollar and ASX 200.