Australia`s central bank revises down growth forecasts
The bank said underlying inflation, measured at about 2.25% to 2.5% over the past year, was expected to remain within its 2.0 to 3.0% target.
May 08, 2015, 10:29 AM IST
Australia central bank leaves interest rates at 2.25%
The Reserve Bank of Australia last month cut rates for the first time in 18 months, dropping its cash rate by 25 basis points to a historic low of 2.25 percent.
Mar 03, 2015, 09:49 AM IST
Australia's unemployment rate hits 12-year high
Unemployment edged up to 6.3 percent as 42,700 jobs were added to the economy, the Australian Bureau of Statistics (ABS) said. The figure is up from 5.8 percent last November.
Dec 11, 2014, 11:04 AM IST
Rate cut calls grow as Australian economy falters
The data showed the economy expanded by just 0.3 percent in the third-quarter, far below consensus estimates of 0.7 percent, to take the annual growth rate to a below-trend 2.7 percent.
Dec 07, 2014, 10:15 AM IST
Fall in exports slows Australian growth
Annual growth was 3.1 percent, figures from the Australian Bureau of Statistics said, compared to a year-on-year expansion of 3.5 percent in the first-quarter.
Sep 03, 2014, 08:22 AM IST
