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Reserve Bank of Australia cuts cash rate

Sydney: The Reserve Bank of Australia (RBA) Tuesday announced its decision to lower the cash rate by 25 basis points to 3.25 per cent...

Australia’s new home sales fall

Sydney: New home sales in Australia posted a weak result in July, giving up much of the strength gained in late 2011-12, according to...

Australian economy recovering slowly

Sydney: Australian economic conditions are at their strongest since September 2011, but the growth rate of future economic activity remains below long-term trend, according...

Australian Reserve Bank leaves cash rate unchanged

Sydney: The Reserve Bank of Australia (RBA) Tuesday announced its decision to leave the cash rate unchanged at 3.50 per cent after its July...

Australia’s producer price index down

Sydney: Australia's producer price index (PPI) at the final stage of production fell 0.3 per cent in the March quarter, following a 0.3 per...

Australia’s economic outlook remains subdued: Survey

Sydney: Australian economic outlook improved slightly in December 2011, but the growth rate of future economic activity remains subdued, according to a survey released...

Australian Reserve Bank leaves cash rate unchanged-2012

Sydney: The Reserve Bank of Australia (RBA) announced Tuesday its decision to leave the cash rate unchanged at 4.25 per cent following its February...

RBA should cut interest rates to avoid recession

The Federal Opposition and a top economist have urged the Reserve Bank to cut the interest rate by at least 0.25 percentage points to...

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