But inflation has fallen in both countries, and Australia's Reserve Bank is expected to start cutting interest rates soon. In recent years, New Zealand and Australia have both experienced high ...

(Bloomberg) -- Australia’s core inflation eased by more than expected in the final three months of 2024, opening the door to an interest-rate cut as soon as next month and sending the currency lower.

Australia's annual inflation rate eased to 2.4% in the fourth quarter, down from 2.8% in the previous period and below expectations of 2.5%. Core inflation, the RBA’s preferred inflation gauge ...

SYDNEY: Australia’s central bank is more confident that inflation is moving sustainably toward target, but it’s still too soon to conclude the battle is won given a recent pick-up in ...

SYDNEY (Reuters) -Australian consumer prices rose at the slowest pace in almost four years in the December quarter, while a pullback in housing costs helped cool core inflation and open the door ...

Australia’s annual inflation rate was at 7.8% in the last quarter of 2022, the highest since 1990, official figures showed on Wednesday. “The past four quarters have seen strong quarterly ...

Treasurer Jim Chalmers says Australia’s headline inflation rate is now lower than most major economies – including the US, the UK and Germany. The headline inflation rate fell from 2.8 per ...