SYDNEY] A gauge of Australia’s monthly inflation came in slightly faster than expected in April, coinciding with a period of tariff turmoil that roiled markets and encouraged the Reserve Bank of Australia (RBA) to lower interest rates last week.

Australia’s central bank cut interest rates for a second time, citing easing inflation risks, but warned of ongoing shocks to the global economy from the U.S. trade policies and a deteriorating geopolitical environment.

Switzerland's Clariant said on Tuesday it has received a 1-billion-euro ($1-billion) damages claim by Austrian energy company OMV alleging infringement of competition law on the ethylene purchasing market.

The average Aussie household will save more than $2500 annually after the Reserve Bank of Australia delivered its second interest rate cut of 2025.

The Reserve Bank of Australia lowered its benchmark cash rate by 0.25 percentage point to 3.85%. Government-bond yields dropped and the Australian dollar weakened. “While recent announcements on tariffs have resulted in a rebound in financial market prices,

How Australia's big four banks reacted to first rate cut since 2020 Following the Reserve Bank of Australia's decision to deliver a long-awaited rate cut of 0.25 per cent, Australia's big four ...

The Reserve Bank of Australia (RBA) cut its policy rate by 25 basis points to 3.85% on Tuesday, the lowest level in two years, citing the global outlook and falling inflation at home. The decision also matched the market expectations.

The Reserve Bank of Australia came into being on 14 January 1960 as Australia's central bank and banknote issuing authority, when the Reserve Bank Act 1959 removed the central banking functions ...

Australia's progress on getting inflation down has been so swift some economists believe it could fall lower than the Reserve Bank bargained for.