Wayne Cole

3 days ago | gurutrade.com | Stella Qiu |Wayne Cole |Jacqueline Wong |Sam Holmes

Trimmed mean measure at 2.4%, under midpoint of 2-3% target Headline inflation at 2.1%, vs forecast of 2.3% Services inflation runs at 3.3%, slowing from 4.1% in April SYDNEY, June 25 (Reuters) - Australian consumer price inflation slowed more than expected in May, while the closely watched core measure hit three-and-a-half-year lows as investors locked in bets for an imminent rate cut.

1 week ago | gurutrade.com | Stella Qiu |Wayne Cole |Christian Schmollinger |Sonali Paul

SYDNEY, June 19 (Reuters) - Australian employment dipped in May after solid gains the previous month, data showed on Thursday, though full-time jobs jumped and the jobless rate held steady in a sign of continued resilience in the labour market. Figures from the Australian Bureau of Statistics showed net employment dipped 2,500 in May from April, when they rose a revised 87,600. That was below market forecasts for a 22,500 increase, though the series has been very volatile in recent months.

1 month ago | gurutrade.com | Stella Qiu |Wayne Cole |Saad Sayeed

SYDNEY, May 22 (Reuters) - Australian exporters are upbeat on their business outlook in China as U.S. tariffs could enhance their competitive edge in Chinese markets, a top central bank official said on Thursday. In a speech in Sydney, Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser said that during a recent trip to China he found confidence that Beijing would do what was needed to sustain economic growth.

1 month ago | gurutrade.com | Stella Qiu |Wayne Cole |Jacqueline Wong |Shri Navaratnam

April employment +89,000, vs forecast +20,000 Driven by female employment, participation rate back to 67.1% Jobless rate steady at 4.1%, hours worked flat May rate cut still expected, but further easing may be gradual SYDNEY, May 15 (Reuters) - Australian employment blew past expectations in April in a sign of strength that lessens the need for aggressive stimulus, but markets still expect an interest rate cut next week as slowing inflation allows policymakers to respond to rising global...

Feb 20, 2025 | gurutrade.com | Wayne Cole |Kim Coghill |Jamie Freed

Employment jumps 44,000, twice market forecasts Jobless rate rise to 4.1%, mostly a statistical quirk Labour market may be too 'tight' for RBA, though wages say otherwise SYDNEY, Feb 20 (Reuters) - Australia's unemployment rate ticked higher in January even though job creation handily outpaced forecasts, data showed on Thursday, a mixed outcome that does little to clarify the outlook for further cuts in interest rates.