Australia unemployment rate falls
Australia unemployment rate falls to 5.5%

Summary: Australia unemployment rate falls to 5.5% in January 2018 Australian economy adds 16,000 jobs during the month A decline in full-time jobs that was offset by an increase in part-time jobs Wage growth continues to remain weak The Australian labour market conditions showed signs of strengthening in the New Year as the eco...

2018-03-23 John Benjamin Read more
Australia_RBA_2604
RBA slightly lowers growth forecasts. Flags higher exchange rate as a concern

The Reserve Bank of Australia released its quarterly monetary policy statement earlier today. According to the report, the central bank slightly lowered its growth forecasts for 2017 and 2018. The Australian economy is now expected to rise 2% - 3% for the mentioned periods. This was slightly lower than the May forecasts which saw the central ba...

2017-08-06 John Benjamin Read more