SYDNEY, June 2 (Reuters) - Australia's independent wage-setting body said on Tuesday that the country's lowest-paid workers ...

Australia’s annual inflation rate, as measured by the Consumer Price Index (CPI), eased to 4.2% in April from 4.6% in March, ...

The Fair Work Commission admitted that the meagre 4.75 percent increase to award wages would not “be sufficient to close the real wage gap entirely.” ...

SYDNEY, April 29 (Reuters) - Australian consumer prices surged in the first quarter as war in the Middle East drove up energy costs, while core inflation stayed uncomfortably high for policymakers, ...

The economy grew just 0.3 per cent in the first quarter, gross domestic product per capita went backwards, and interest rate ...

This was lower than the 2.2% expected by economists polled by Reuters. It is almost touching the lower band of the 2%-3% target set by the Reserve Bank of Australia. The most significant price rises ...

Inflation had picked up materially in the second half of 2025, and the conflict in the Middle East had resulted in sharply higher fuel and commodity prices.

With fuel prices still much higher than before the Middle East war began, the risks of further spikes in inflation and more ...

Australia's annual inflation rate unexpectedly accelerated in October 2025, climbing to 3.8% from 3.6% in September. This figure surpassed market forecasts, which had anticipated inflation to remain ...

Australia's central bank lifted ⁠rates ⁠for a third time this year on ⁠Tuesday, returning borrowing costs to post-pandemic highs and warning that inflation would remain sticky as the conflict ​in the ...

Australian consumer prices increased by less than expected in April thanks to a government tax cut on fuel, data showed today, while core inflation ticked up as higher oil prices fed through to the ...