Australian Economy - Latest Economic News from Australia

AustralianDollar.org.uk Presents the Latest News Concerning the Australian Economy Acknowledging that it is Ultimately Relative Economy Performance That Drives the Value of the Australian Dollar

Australian employment and jobs: Figures beat consensus estimates, but 'a very weak result'

Australian employment figures beat the consensus expectation in September, rising by 14.5K after a 9K decline in August, although unemployment was a bit higher, as well, rising to 5.4% from 5.1%.    

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Australian housing and interest rates: Building approvals increase but falling house prices will limit any rebound

The Australian housing sector saw residential building approvals increased by 6.4 pct m/m in August.

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RBA: Very little chance of an interest rate cut or policy change, AUD continues to trade heavy

RBA interest rate cut

The Australian dollar remains under pressure this afternoon following a set of poor retail sales data.

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Australian house prices rise: Adelaide leads Sydney and Brisbane for city house price gains

Australian house prices extended recent gains in September.

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King of the Currencies: Australian dollar outperforms after July employment numbers rise more than expected

International Money Transfers at our sister site


 

"Markets are pricing more than a 90% chance that the RBA will lower the cash rate by 50bps by year end" - ANZ Bank.

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