Tag

Australia

24 articles

Australian House Prices Fall 3.6% as Rate Hikes Compress Affordability
Macro & Rates10h ago
Australian House Prices Fall 3.6% as Rate Hikes Compress Affordability
Higher borrowing costs and tax reforms on property investment are accelerating declines in Australia's largest markets, with some forecasting drops exceeding 10 percent.
Australia Names Oaka to Succeed Koala Detection Dog Bear
World3d ago
Australia Names Oaka to Succeed Koala Detection Dog Bear
The International Fund for Animal Welfare selected the Australian koolie from dozens of applicants to succeed Bear, who located over 100 koalas during the 2019–2020 wildfires.
Australian 2-Year Yield Falls 35 Bps as Headline CPI Drops to 4.0%
Macro & Rates3d ago
Australian 2-Year Yield Falls 35 Bps as Headline CPI Drops to 4.0%
May's headline CPI miss versus RBA forecasts removes August rate hike pricing, but sticky core inflation keeps long-end risk premium intact.
RBA Lifts Cash Rate to 4.6%, Highest in 15 Years; Inflation Fight Continues
Macro & Rates4d ago
RBA Lifts Cash Rate to 4.6%, Highest in 15 Years; Inflation Fight Continues
Australia's central bank raised its policy rate by 25 basis points for the fourth time this year, citing broadening Middle East conflict and AI demand as drivers of price pressures.
Australian Home Values Fall 3.6% from Peak as RBA Shows More Hikes
Macro & Rates13d ago
Australian Home Values Fall 3.6% from Peak as RBA Shows More Hikes
National dwelling values dropped 0.9 percent in August, with Sydney down 7.1 percent since February as markets price in further Reserve Bank tightening
Westpac Pivots to November RBA Hike on Household Resilience, Data Center Boom
Macro & Rates25d ago
Westpac Pivots to November RBA Hike on Household Resilience, Data Center Boom
Westpac's chief economist reverses previous expectations, now forecasting a 25 basis point increase to 4.6% as strong incomes and tech-driven capital spending keep inflation pressures elevated.
NFL Expands Global Schedule to 9 Games Across Four Continents
Sports Business26d ago
NFL Expands Global Schedule to 9 Games Across Four Continents
The National Football League commits to a long-term international strategy, targeting markets beyond the United States with annual games in multiple countries.
Australia's Data Center Boom Forces RBA to Hold Rates Higher, Longer
Macro & Rates26d ago
Australia's Data Center Boom Forces RBA to Hold Rates Higher, Longer
A surge in AI infrastructure investment is straining Australia's labor and energy supplies, leaving the central bank little room to cut rates despite moderating inflation.
Bathla Group's $3.3B Debt Collapse Exposes Australia's Private Credit Vulnerability
Research & Analysis29d ago
Bathla Group's $3.3B Debt Collapse Exposes Australia's Private Credit Vulnerability
Sydney builder's failure and $2.3 billion shortfall highlight structural risks in the A$200 billion non-bank lending market.
Australia's 10-Year Yield Hits 15-Year High as RBA Hike Bets Rise
Macro & Rates32d ago
Australia's 10-Year Yield Hits 15-Year High as RBA Hike Bets Rise
Benchmark 10-year yield crosses 5.10% on hotter-than-expected July inflation; back-end curve pricing sustained higher-rate environment
Australia July Spending Jumps 1.1%, December RBA Hike Fully Priced
Macro & Rates37d ago
Australia July Spending Jumps 1.1%, December RBA Hike Fully Priced
Australian household consumption rose for a third consecutive month, pushing 3-year bond futures down 7 ticks as markets fully price a Reserve Bank of Australia rate increase by December.
Australia's TikTok Ban Shows Why Age Verification Cannot Scale
Technology39d ago
Australia's TikTok Ban Shows Why Age Verification Cannot Scale
Eight months after Canberra banned social media for under-16s, TikTok usage among 13-to-15-year-olds sits at 26%—one point below pre-ban levels—exposing the economics of enforcement.
Australia Wins Germany Sail Grand Prix for Fifth Time in Nine Events
Sports Business40d ago
Australia Wins Germany Sail Grand Prix for Fifth Time in Nine Events
Tom Slingsby's Flying Roos took the $400,000 prize in Sassnitz as dying winds left their three rivals drifting to the finish long after Australia had reached the podium
Prosecutor Seeks No Parole for Australian Mushroom Murderer
World44d ago
Prosecutor Seeks No Parole for Australian Mushroom Murderer
A prosecutor told Australia's Victoria Court of Appeal that Erin Patterson, convicted of poisoning relatives with death cap mushrooms, should never be released from prison.
Australia's 4.5% July Jobless Rate Kills RBA Hike Odds
Macro & Rates44d ago
Australia's 4.5% July Jobless Rate Kills RBA Hike Odds
Unemployment rose above consensus, signaling the central bank will pause rate action at its September meeting and ending a tightening cycle.
New South Wales to Launch Gun Buyback in November After Bondi Attack
World49d ago
New South Wales to Launch Gun Buyback in November After Bondi Attack
NSW will compensate owners up to $10,000 per firearm starting Nov. 2, covering an estimated 274,000 guns held by 50,000 licence holders.
Meta Removes 750,000 Australian Teen Accounts as Regulators Weigh Legal Action
Technology51d ago
Meta Removes 750,000 Australian Teen Accounts as Regulators Weigh Legal Action
The social media giant deactivated hundreds of thousands of accounts since December as Australia's internet regulator considers an enforcement lawsuit and other nations eye similar restrictions.
ASX Directors Face Shareholder Suit After $16.5M Penalties Over Failed Blockchain Project
Digital Assets51d ago
ASX Directors Face Shareholder Suit After $16.5M Penalties Over Failed Blockchain Project
Rosherville Pty Ltd seeks Federal Court permission to sue former ASX officers and directors for alleged duty breaches tied to the abandoned blockchain clearing overhaul
Australia Home Prices Post Largest Monthly Drop Since 2022 as Downturn Spreads
Research & Analysis51d ago
Australia Home Prices Post Largest Monthly Drop Since 2022 as Downturn Spreads
National property values fell 0.7 percent in July, their steepest monthly decline in two and a half years, as weakness spread from Sydney and Melbourne to Brisbane and Adelaide.
Australia Home Prices Fall 0.7% in July, Biggest Monthly Drop Since Dec. 2022
Macro & Rates51d ago
Australia Home Prices Fall 0.7% in July, Biggest Monthly Drop Since Dec. 2022
RBA Assistant Governor Chris Kent says softening housing market is tightening financial conditions after three rate hikes and tax policy changes.
Australia to Commit A$2.5 Billion to Tomago Aluminum Smelter as Energy Costs Bite
Research & Analysis52d ago
Australia to Commit A$2.5 Billion to Tomago Aluminum Smelter as Energy Costs Bite
Federal and state governments are set to provide A$2.5 billion ($1.8 billion) to the Rio Tinto-backed Tomago smelter, requiring A$1 billion in owner upgrades.
RBA Holds at 4.35%, Bullock Flags Hikes; Swaps Price 50% Chance of November Move
Macro & Rates52d ago
RBA Holds at 4.35%, Bullock Flags Hikes; Swaps Price 50% Chance of November Move
Australia's central bank held its cash rate steady but Governor Michele Bullock said hikes remain possible, pushing three-year yields up 2 basis points and lifting late-2026 hike odds.
Australia Suspends Crypto ATM Operator, Forces 96 Machines Offline
Digital Assets53d ago
Australia Suspends Crypto ATM Operator, Forces 96 Machines Offline
AUSTRAC halted Cryptolink's virtual asset services for three months, citing persistent failures in anti-money laundering reporting and risk management.
Australia Builds Framework for Tokenized Bond Trading
Macro & Rates138d ago
Australia Builds Framework for Tokenized Bond Trading
Central bank and regulators develop standards to integrate digital assets into wholesale financial markets