Posts Tagged ‘Sydney’

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 ...

Sydney’s property plunge is RBA’s No 1 worry

By BLOOMBERG
SYDNEY • Sydney’s plunging house prices are usurping a prolonged wage slump as the key worry for the central bank, with markets now ...

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 ...

Aussie house prices fall most since global financial crisis

By BLOOMBERG
SYDNEY • Sydney’s property downturn accelerated in November, propelling nationwide house prices to the biggest monthly drop since the ...

Shorten pledges to tackle Aussie’s climate change issue

By BLOOMBERG
SYDNEY • Opposition leader Bill Shorten pledged A$10 billion (RM29.4 billion) in extra funding for clean energy and steeper cuts to carbon ...

Australia sees faster growth, fewer jobless as key rate held

As economic growth strengthens and unemployment falls, progress will gradually be made on inflation
By BLOOMBERG SYDNEY • ...

Want to move to Australia? Don’t bet on Sydney, Melbourne

By BLOOMBERG
CANBERRA • New migrants wanting to settle in Australia may soon face a big condition on their stay: Sydney and Melbourne will be off ...

Australia holds key rate as housing downturn threatens consumers

By BLOOMBERG
SYDNEY • Australia kept interest rates at a record low yesterday as it gauges the impact of falling property prices on an economy that’s ...

Aussies’ spending drive fastest growth in 6 years

By BLOOMBERG
SYDNEY • Australian consumers fuelled an economic expansion in the second quarter that beat forecasts to be the fastest in almost six ...

Barangaroo Guide: What to Do in Sydney’s Hot New District

Barangaroo is changing the city’s skyline. But is it worth the hefty price tag?
by Mary Holland / BLOOMBERG It’s almost impossible to think the Sydney ...

Compass CEO Cousins killed in Sydney plane crash

by BLOOMBERG
SYDNEY • Compass Group plc CEO Richard Cousins (picture) and four members of his family were killed on Sunday when their chartered ...

Reflation is seen bypassing Australia

By BLOOMBERG
SYDNEY • The global reflation story appears to be bypassing Australia. Core inflation unexpectedly slowed in the third quarter even amid ...