2026-08-22
Australia’s services sector continued to expand in August, though at a slightly softer pace, as the S&P Global Services PMI dipped to 52.9.
Australia’s services sector continued to expand in August, though at a slightly softer pace, as the S&P Global Services PMI dipped to 52.9.
Australia’s AAA credit rating has been reaffirmed by major rating agencies, yet the Australian dollar continues to face significant growth headwinds amid a.
Australia’s ANZ job advertisements rose 0.8% in June, reversing the previous month’s 0.2% decline, according to data released by ANZ Bank. The monthly.
Australia’s Producer Price Index (PPI) rose by 1.3% in the second quarter of the fiscal year, significantly exceeding market forecasts of a 0.3%.
Australia’s private sector credit rose by 0.8% in June, surpassing market expectations of 0.6% and accelerating from the previous month’s 0.5% gain, according.
Australia’s seasonally adjusted unemployment rate remained at 4.4% in June, matching market forecasts and indicating a stable labor market amid ongoing economic pressures..
Australia’s labor market showed fresh signs of softening in June, as ANZ job advertisements posted a month-on-month decline of 0.2%, a sharp reversal.
The Reserve Bank of Australia (RBA) is widely expected to hold the cash rate steady at its first monetary policy meeting of 2026,.
Reserve Bank of Australia (RBA) Governor Michele Bullock has cautioned that inflation is expected to increase further in the near term, signaling that.
Australia’s economic growth momentum has lost steam in recent months as cooling demand weighs on activity, according to a new analysis from United.