australia interest rate

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Australia’s central bank cuts interest rate for third time this year to 3.6%

Australia’s central bank has reduced its benchmark interest rate by a quarter percentage point for a third time this year to 3.6%, with inflation tamed and economic growth stalling.

news.com.au · 6h

Debt bombshell rocks Australia after interest rate cuts

Australia’s appetite for debt has reached new heights, with the average mortgage swelling to record levels in the wake of three consecutive interest rate cuts this year.

CNBC on MSN · 1d

Australia cuts interest rates to more than 2-year lows, downgrades economic growth forecast

The Reserve Bank of Australia reduced its economic growth forecast for the year to 1.7% from 2.1%, saying that a weaker-than-expected rise in public demand in early 2025 was unlikely to be offset through the rest of the year.

Australia unemployment rate expected to edge lower in July, improving to 4.2%

The Australian Unemployment Rate is foreseen at 4.2% in July, down from the 4.3% hit in June. Australia is expected to have added 25,000 new positions in the month, after two months of disappointing ...

Australia's Westpac Posts More Than 5% Rise in Third-Quarter Profit

(Reuters) -Australia's Westpac Banking Corp posted a more than 5% rise in third-quarter profit on Thursday, reflecting higher margins as well as a slight rise in lending and deposits. Contribution ...

13h

Capital Guard Shares Five Key Investment Principles Amid Rising Interest Rates in Australia

Capital Guard outlines five investment principles to help Australians focus on capital protection, steady income and informed ...

RBA rate cut at risk on more women finding full-time jobs

The number of female full-time workers grew by 40,000 while male full-time workers rose by 20,000. On Tuesday the RBA maintained its forecast for the full unemployment rate to sit around 4.3 per cent ...

19h

Australian Dollar rises as US Dollar weakens on rising Fed rate cut expectations

The Australian Dollar depreciated as the RBA decided to cut interest rates for the third time in 2025.

4hon MSN

Australia's Westpac profit holds steady on rise in margins and higher lending

Australia's Westpac Banking Corp posted a steady third-quarter profit on Thursday, buoyed by wider margins, on the back of ...

Live updates: RBA expected to cut interest rates after last month's shock hold

But when the latest quarterly data was released last month, it was about as good as anyone could have hoped for: headline ...

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