Posts Tagged ‘Australia’

Aussie jobs market softens in setback for wage gains

By BLOOMBERG
SYDNEY • Australia’s labour market softened a little in November in a setback for the Reserve Bank of Australia’s (RBA) drive for higher ...

Australia faces risk trifecta as RBA to hold rates

By BLOOMBERG
SYDNEY • Australia’s economy faces a trifecta of risks that could disrupt household spending and the central bank’s outlook for faster ...

Aussie poised for 1st budget surplus since financial crisis

By BLOOMBERG
CANBERRA • Australia is on track to return to the black for the first time since the global financial crisis, almost doubling the size of ...

Green movement set for clash with populists over pollution cuts

Diplomats, pressure groups and the UN sec-gen aim to spur govts to back deeper cuts in fossil fuel emissions
LONDON • The global environmental movement ...

Australia growth to be hit by housing ‘perfect storm’

By BLOOMBERG
SYDNEY • Australia’s tumbling property prices could shave up to 1.2 percentage points from economic growth in 2019 as the decline hits ...

Soft landings are rare, prepare for worst, OECD warns Aussie

SYDNEY • Soft landings in housing markets are rare and Australia should be ready to respond to the risk of a significant price dive, the Organisation for ...

Surfer severely mauled by shark in Australia

SYDNEY • A surfer was severely mauled by a shark off Australia’s east coast, officials said yesterday, the latest in a series of attacks in recent months. ...

Australia passes anti-encryption law

By BLOOMBERG
CANBERRA • Australia’s Parliament passed some of the world’s toughest anti-encryption legislation yesterday, installing a bill that seeks ...

Quake of magnitude 6 strikes northeast of Australia’s Norfolk Island -USGS

A shallow earthquake of magnitude 6 struck northeast of Australia’s Norfolk Island on Thursday, the United States Geological Survey ...

Australia’s hiring surge emboldens central bank on wages growth

By BLOOMBERG
SYDNEY • Australia’s booming jobs market emboldened the central bank to scrap a long-held reference to weak wages, even as it signalled ...

Australia set to pass encryption law

By BLOOMBERG
CANBERRA • Australia is set to pass legislation giving police and intelligence agencies access to encrypted messages on platforms such as ...

Australia keeps key rate unchanged at 1.5% record low

By BLOOMBERG
SYDNEY • The Reserve Bank of Australia (RBA) left its key rate unchanged at a record low yesterday as it gauges the impact of a ...