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CNBC Business • Jun 04, 2025

Australia's first-quarter economic growth misses estimates, expanding 1.3% from a year earlier

Australia's economy grew by 1.3% in the first quarter, slightly below expectations, prompting the central bank to reduce interest rates to encourage further expansion and support f...

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CNBC Business • May 20, 2025

Australia cuts policy rate to 2-year low as inflation concerns continue to recede

The reduction of Australia's interest rate to its lowest level in two years reflects easing inflation pressures and may influence borrowing costs and economic activity across the n...

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