[SYDNEY] Australia's central bank saw no need to adjust its policy measures in the current environment, minutes of its July policy meeting showed on Tuesday, while board members reiterated that...

[SYDNEY] The recent appreciation in the Australian dollar is not a problem at this point although a lower exchange rate would help the economy, the country's top central banker said on Monday.

[SYDNEY] Australia's economy was experiencing its biggest economic contraction since the 1930s though the downturn could be shallower than earlier expected, minutes of the central bank's latest...

[SYDNEY] Australia's central bank could use its regulatory powers to reduce the cost of electronic payments for merchants and consumers as the coronavirus pandemic makes people wary of using cash...

[SYDNEY] Australia's central bank chief said on Thursday that better-than-feared health outcomes from the Covid-19 pandemic suggest the country's economic downturn will likely not be as severe as...

[SYDNEY] Negative interest rates are "extraordinarily unlikely" in Australia as they come with a cost to the financial system, the country's central bank Governor Philip Lowe said on Thursday.

[SYDNEY] Australia's economic future was "unusually uncertain" while growth was expected to remain in the slow lane without a medical breakthrough to prevent and treat Covid-19, the head of the...

PANIC buying of toilet rolls and food drove a record jump in Australian retail sales in March, but any economic windfall was sharply curtailed as much of the surge came from prices rather than in...

AUSTRALIA'S central bank on Tuesday forecast the economy would suffer its largest ever contraction in the first half of the year, sending the unemployment rate into double-digits, but held out the...

[SYDNEY] Australia's central bank on Tuesday forecast the economy would suffer its largest ever contraction in the first half of the year, sending the unemployment rate into double-digits, but...