[SYDNEY] Australia's economic output is likely to fall by around 10 per cent in the first half of 2020, with most of this decline taking place in the June quarter due to the hit from the Covid-19...

[SYDNEY] Australia's economy could shrink "significantly" in the June quarter and remain "subdued" through September due to the hit from the coronavirus pandemic, minutes of the country's central...

[SYDNEY] The Reserve Bank of Australia (RBA) on Thursday proposed to buy A$3 billion (S$2.6 billion) in sovereign government bonds as part of its quantitative easing programme to keep short-term...

[SYDNEY] Australia's central bank injected A$6.9 billion (S$5.92 billion) into the financial system on Tuesday and said it would buy A$4 billion in government bonds as it looks to blunt the...

[SYDNEY] Australia's central bank made an emergency interest rate cut to a historic low of 0.25 per cent on Thursday as part of several measures to counter the fallout from the coronavirus...

[SYDNEY] The Reserve Bank of Australia (RBA) used its daily money market operation to pump a record A$12.7 billion (S$10.7 billion) into the banking system on Thursday, aiming to ease liquidity...

[SYDNEY] Australia's central bank already viewed the spread of coronavirus as an "unprecedented" event at its policy meeting this month, and the worsening crisis has since prompted emergency...

[SYDNEY] Australia's central bank will provide the banking system with extra liquidity through its market operations to help offset a dislocation in global financial markets, part of a package of...

[SYDNEY] Australia's central bank injected an unusually large amount of cash into the financial system on Friday as panic selling across global markets driven by the coronavirus threatened to...

[SYDNEY] Australia's central bank on Tuesday slashed interest rates to a record low and said it was ready to provide further action if needed as policymakers around the world pledge economic...