Australian Money News

Australia slashes interest rates

08/10/2008 | Economics | Catherine Deshayes

In a move designed to boost the ailing Australian economy, the Reserve Bank of Australia has announc...

Australia's rate cut

06/10/2008 | Economics | Catherine Deshayes

Australia's federal treasurer Wayne Swan has urged high street banks in the country to pass on as mu...

US turmoil has little impact on Australian market

16/09/2008 | Currency | Catherine Deshayes

Although Australian shares opened lower this morning after Wall Street's Black Monday, industry expe...

Down under: Aussie dollar drops below 80 US cents

11/09/2008 | Currency | Catherine Deshayes

The Australian and American currencies may share a name but that's all they share at the moment, wit...

Biggest banking acquisition in Australia's history

09/09/2008 | Currency | Catherine Deshayes

Australia's fifth largest bank, St George, has agreed a takeover by its larger counterpart Westpac B...

OZ braced for hike hurt

06/06/2008 | Economics | Jaimie Kanwar

Homeowners Down Under are bracing themselves for a record rate rise......

IMF: World economy in 'turmoil'

04/02/2008 | Economics | Jaimie Kanwar

The International Monetary Fund (IMF) has warned of impending ‘global economic slowdown’…...