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Australia's central bank is trying to determine whether a surge in inflation is temporary or more entrenched, Governor Michele Bullock told lawmakers, sidestepping attempts to pin responsibility on government spending....
Australia's central bank chief Michele Bullock strode into a committee room in Parliament House on Friday morning primed to explain what's causing the inflation that forced this week's interest-rate hike — the world's first of 2026....
Australia's central bank raised its key interest rate on Tuesday, becoming the first major monetary authority to hike this year, as it judged domestic inflation pressures were persistent enough to warrant renewed restraint....
CANBERA (dpa-AFX) - The Australian dollar strengthened against other major currencies in the Asian session on Wednesday, as Australia's upbeat inflation fueled bets of an increase in Reserve Bank ......
The inflation reading comes after Reserve Bank of Australia Deputy Governor Andrew Hauser said in an interview that inflation at current levels is "too high."...
Australia's core inflation remained elevated last quarter, suggesting price pressures aren't cooling at the desired pace and providing the Reserve Bank with further evidence that interest rates may need to move higher this year....
The Australian Bureau of Statistics will no longer publish a year-on-year Consumer Price Index in its quarterly report as it shifts to a monthly inflation framework that aligns its reporting more closely with international practice....
Australia's core inflation slowed in November, supporting the case for the Reserve Bank to keep interest rates unchanged for now as it assesses the impact of earlier policy easing....