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Australia economy News

RBA Holds Interest Rates Steady at 3.85% Amid Global Economic Uncertainties

Michael Lee 08 Jul, 2025

The Reserve Bank of Australia surprised markets by maintaining the interest rate at 3.85%, citing the need for more data to ensure inflation targets are met amidst global economic ...

Economy

February Sees a Gradual Slowdown in Australian Services Sector Growth

Olivia Carter 05 Mar, 2025

The Australian services sector's expansion pace slowed in February, raising questions about its impact on the broader economy. Despite this, resilience in certain areas offers a si...