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Australia's central bank is “pretty close” to getting inflation back to the midpoint of its 2-3% target while the economy is near full employment, Assistant Governor Sarah Hunter said....
CANBERA (dpa-AFX) - The Australian dollar strengthened against other major currencies in the Asian session on Wednesday, following the release of Australia's consumer price inflation accelerating ......
A gauge of Australia's monthly inflation accelerated faster than expected in July, moving closer to the top of the Reserve Bank's 2-3% target and supporting a gradual approach to cutting interest rates....
Australia's quarterly inflation outcome this week was close to the Reserve Bank's expectations, Deputy Governor Andrew Hauser said, while adding the board is debating the extent of labor market tightness....
Australia's core inflation cooled in the three months through June, strengthening the case for the Reserve Bank to ease monetary policy as early as August on signs of abating price pressures....