The Latest Breaking News from Australia

Jim Chalmers says the rate cut is ‘very welcome relief for millions of Australians’

IN FULL

The Reserve Bank of Australia lowered the official interest rate by 25 basis points to 3.60% at its meeting today, marking the third cut this year. The move follows reductions in February and May, and comes after a pause in July that surprised analysts and upset mortgage holders.

Australian premier says Israel’s reluctance to listen to allies contributed to his decision to recognise a Palestinian state

In the vast, arid landscapes of South Australia’s northeast, on the lands of the Adnyamathanha and Wilyakali, a surprising discovery is changing our understanding of one of Australia’s most endangered birds.

What's cookin', good lookin'?

The Reserve Bank of Australia has delivered a pessimistic assessment of Australia's productivity potential, ahead of the government's economic roundtable.

A new road charge is looming for electric vehicle drivers, amid reports Treasurer Jim Chalmers is accelerating the policy as part of a broader tax-reform push.

Australia’s central bank has reduced its benchmark interest rate by a quarter percentage point for a third time this year to 3.6%, with inflation tamed and economic growth stalling

"We do not need symbolic gestures, donations or hollow words. We need sanctions, an arms embargo, and the political courage to hold Israel accountable."

Australian Prime Minister Anthony Albanese reveals details of phone conversation with Israeli PM Benjamin Netanyahu.