By Devayani Sathyan BENGALURU – Australia’s central bank will deliver another half percentage-point interest rate hike on Tuesday as it fights to tame surging inflation, marking the first time it…
By Harish Sridharan (Reuters) – Shares of Australia’s “Big Four” banks fell further on Thursday to hit multi-month lows, as the central bank’s largest interest rate hike in 22 years…
(Reuters) – Australia’s major lenders raised their home loan variable interest rates on Wednesday by 50 basis points per annum, a day after the central bank surprised markets with its…
By Wayne Cole SYDNEY – A recent spike in Australia’s energy prices is threatening to keep inflation higher for longer, a major reason policymakers this week felt compelled to hike…
By Devayani Sathyan BENGALURU – Australia’s central bank will raise rates by a modest 25 basis points for a second straight meeting in June, still opting to move more slowly…
By Vivek Mishra BENGALURU – Australia’s central bank will raise interest rates for the first time in over a decade in the third quarter, slightly earlier than thought a month…