Wayne Cole

Australian retail sales posted a solid rise in real terms last quarter even as swelling prices ate up more of the consumer dollar, though there are signs that higher borrowing costs are finally turning the tide on spending.

Aug 02, 2022

Australia's central bank on Tuesday raised interest rates for a fourth month running, but tempered guidance on further hikes as it forecast faster inflation but also a slowdown in the economy.

Aug 02, 2022

Asian share markets got off to a slow start on Monday as disappointing Chinese economic data fed doubts last week's rally on Wall Street could be sustained in the face of determined policy tightening by global central banks.

Jul 31, 2022

Asian shares were sluggish on Monday as disappointing Chinese economic data fed doubts Wall Street's rally could be sustained, while the dollar continued its retreat on the yen as speculators were forced out of suddenly unprofitable short positions.

Jul 31, 2022

Australian home prices slid for a third month in July and the pace quickened as Sydney suffered its worst decline in almost 40 years amid rising borrowing costs and a cost-of-living crisis.

Jul 31, 2022

Australian retail sales edged higher in June but missed market forecasts for the first time in several months, a sign soaring inflation and rising interest rates may be finally curbing consumer demand.

Jul 27, 2022

Asian shares made guarded gains on Thursday as investors scented a possible slowdown in the pace of U.S.

Jul 27, 2022

Asian shares made cautious gains on Thursday as investors scented a possible slowdown in the pace of U.S. rate hikes, lowering bond yields and restraining the dollar.

Jul 27, 2022

Asian shares made cautious gains on Thursday as investors scented a possible slowdown in the pace of U.S.

Jul 27, 2022

Australian inflation sped to a 21-year high last quarter and is likely to accelerate even further as food and energy costs explode, stoking speculation interest rates will need to more than double to bring the outbreak under control.

Jul 26, 2022

Australia's top central banker on Wednesday indicated a steady drum beat of interest rate rises were needed to stop a damaging inflationary cycle developing, and suggested rates could at least double from current low levels.

Jul 19, 2022

Asian shares inched higher on Monday following a much-needed bounce on Wall Street, but nerves are stretched ahead of a near-certain rate hike in Europe and another round of corporate earnings reports.

Jul 17, 2022

Asian shares inched higher on Monday following a much-needed bounce on Wall Street, but nerves are stretched ahead of a near-certain interest rate hike in Europe and another round of corporate earnings reports.

Jul 17, 2022

Asian share markets rallied on Monday following a much-needed bounce on Wall Street, though nerves were stretched ahead of a near-certain interest rate hike in Europe and another round of corporate earnings reports.

Jul 17, 2022

Australia's unemployment rate dived to a 48-year low in June as hiring outstripped all expectations, while record vacancies suggested the labour market was set to tighten yet further and perhaps justify even larger increases in interest rates.

Jul 13, 2022

A measure of Australian business confidence slid in June as rising costs and worries about consumer spending slugged the retail sector, though most firms reported actual activity was holding up well so far.

Jul 11, 2022

Caution gripped share markets on Monday as investors braced for a U.S.

Jul 10, 2022

Asian shares were mostly under water on Monday as investors braced for a U.S.

Jul 10, 2022

Asian shares started cautiously on Monday as investors braced for a U.S.

Jul 10, 2022

Global share markets started in haphazard fashion on Monday as soft U.S.

Jul 03, 2022

Asian share markets started cautiously on Monday as a run of soft U.S.

Jul 03, 2022

Global share markets wavered on Monday as a run of soft U.S.

Jul 03, 2022

Australian home prices slipped for a second month in June as once red-hot markets in Sydney and Melbourne felt the chill from rising interest rates and a cost-of-living crunch.

Jun 30, 2022

Asian shares were ending a rough quarter in a sombre mood on Thursday amid fears central banks' cure for inflation will end up sickening the global economy, though it is proving to be a fillip for the safe-haven dollar and government bonds.

Jun 29, 2022

Asian shares were ending a rough quarter in a sombre mood on Thursday amid fears central banks' cure for inflation will end up sickening the global economy, though it is proving to be a fillip for the safe-haven dollar and government bonds.

Jun 29, 2022

Australia's top central banker on Tuesday flagged a lot more policy tightening ahead as rates were still "very low" and it was important that higher inflation did not feed into public expectations and wage claims.

Jun 20, 2022

Australia's central bank said on Tuesday its pandemic stimulus programme to keep short-term bond yields low was successful for much of its life but the exit was disorderly and caused the bank some "reputational damage."

Jun 20, 2022

Asian shares were unable to sustain a rare rally on Monday as Wall Street futures shed early gains amid worries the U.S.

Jun 19, 2022

Asian shares were trying to sustain a rare rally on Monday as Wall Street futures made early gains, perhaps hoping a U.S.

Jun 19, 2022