Australia’s unemployment rate fell and the economy added more jobs than expected in May, keeping the door open for the central bank to raise interest rates further in its bid to tame inflation.
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Total exports in April were around 17% down compared with a year prior due to a pronounced decline in U.S.-bound shipments. Source link
The latest budget contains tentative steps toward long-awaited economic reform, while providing cost-of-living relief and boosting fuel security as the Iran war threatens international supply. […]
Income expectations picked up, but only slightly, and consumers remained less optimistic about their financial future than before the Middle East conflict. Source link
