Wayne Cole

U.S. leads pushback against emerging market angst at G20

December 23, 2018 at 9:59 p.m.

SYDNEY (Reuters) - The world's rich nations pushed back on Friday against emerging market complaints about the spillover effects of their monetary policies, saying they had to get their own...

Australia jobless rate hits decade high, sinks A$

August 25, 2021 at 1:18 a.m.

SYDNEY (Reuters) - Australia's jobless rate unexpectedly jumped to a decade high in January, intensifying concerns about the future of the manufacturing sector as global carmakers prepare to pull out....

Australia central bank shuts door on rate cuts, A$ surges

August 25, 2021 at 1:28 a.m.

SYDNEY (Reuters) - Australia's central bank kept its main cash rate at a record low of 2.5 percent on Tuesday as widely expected but surprised some by saying further cuts...

Australia business spending shows life, in big relief

August 24, 2021 at 10:43 p.m.

SYDNEY (Reuters) - Australia's decade-long boom in mining investment is not slowing nearly as quickly as many feared, while other sectors are beefing up spending at a rate that should...

Australia central bank holds rates, opaque on policy outlook

August 24, 2021 at 8:53 p.m.

SYDNEY (Reuters) - Australia's central bank kept its cash rate at a record low of 2.5 percent on Tuesday as a report showed past easings lifting home prices to historic...

Analysis: Australia’s central bank mangles message on A$, rates

August 24, 2021 at 7:58 p.m.

SYDNEY (Reuters) - The Australian central bank's attempts to talk down its currency have backfired as markets have pushed up both borrowing costs and the dollar on a view its...

Australia’s Abbott set to inherit economy others would envy

August 24, 2021 at 7:56 p.m.

SYDNEY (Reuters) - Australia's presumptive prime minister, Tony Abbott, is set to inherit a slowing economy, rising unemployment and a budget in the red. Yet look out to a three-year...

Australia economy marks 22 years of growth in Q2

August 24, 2021 at 7:54 p.m.

SYDNEY (Reuters) - Australia's economy grew moderately last quarter as modest gains in consumer and government spending offset a very flat performance elsewhere, though there was still scant sign of...

Australian central bank cuts rates to record low

August 24, 2021 at 6:59 p.m.

SYDNEY (Reuters) - Australia's central bank cut its main cash rate by a quarter point to a record low of 2.5 percent on Tuesday as it tries to prepare the...

Australia interest rates to go lower, for longer

August 24, 2021 at 6:58 p.m.

SYDNEY (Reuters) - As Australia contemplates life on the other side of the mining boom, the onus is very much on the country's central bank to prop up the economy...

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