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Swati Pandey

WRAPUP 1-Australia c.bank signals rate cut in June as economic growth cools

5:47am BST

SYDNEY, May 21 Australia's central bank would consider cutting interest rates next month to support the economy, Governor Philip Lowe said on Tuesday as he urged the country's newly re-elected government to do its part by slashing income taxes and boosting spending.

Winning during economic slowdown, Australia's Morrison must halt rot

20 May 2019

SYDNEY Surprisingly retained by Australians in a national election over the weekend, Prime Minister Scott Morrison's centre-right government now needs to find a fast way out of a worrying slowdown in an economy that has been recession-free since 1991.

Winning during economic slowdown, Australia's Morrison must halt rot

20 May 2019

SYDNEY Surprisingly retained by Australians in a national election over the weekend, Prime Minister Scott Morrison's center-right government now needs to find a fast way out of a worrying slowdown in an economy that has been recession-free since 1991.

RPT-Right or Left: Can Australia's election winner revive a slowing economy?

16 May 2019

SYDNEY, May 16 Australians have a choice between tax cuts and greater public spending when they vote in a general election on Saturday, the starkest distinction in economic policy in years from the two main political parties.

Right or Left: Can Australia's election winner revive a slowing economy?

16 May 2019

SYDNEY Australians have a choice between tax cuts and greater public spending when they vote in a general election on Saturday, the starkest distinction in economic policy in years from the two main political parties.

Australia jobless rate jumps to eight-month highs, Australian dollar stumbles

16 May 2019

SYDNEY Australia's unemployment rate rose to the highest in eight months while full-time jobs fell, official data showed on Thursday, cementing views its central bank may be forced to lower rates soon to stimulate the economy.

Australia central bank cuts forecasts again, signals rate cuts

10 May 2019

SYDNEY Australia's central bank sharply downgraded forecasts for growth and inflation on Friday and signalled it will consider lowering interest rates if unemployment does not fall further, a major step towards the first policy easing since 2016.

Australia central bank holds rates, jobs key to future cuts

07 May 2019

SYDNEY Australia's central bank kept rates at record lows on Tuesday while signaling future cuts if the unemployment rate failed to nudge lower as the country's retailers suffered their worst quarter in nearly seven years.

Australia first-quarter retail sales worst in near seven years, rate cut bets alive

07 May 2019

SYDNEY Australian retailers posted their weakest quarter in seven years in March in a bad omen for the broader economy as the country's central bank deliberates on whether or not to cut interest rates later on Tuesday.

Australian election rate cut calls grow as decision nears: Reuters poll

07 May 2019

SYDNEY A slim majority of economists polled by Reuters expects Australia's central bank to keep rates at a record low this week although calls for an easing have grown louder after disappointingly weak first-quarter inflation.

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