The AUD/USD is hovering near crisis lows, but the economy is fine. What’s behind the drop, and is now the time to hedge?

The wage price index rose 0.9% in the first quarter, and by 3.4% from the same period a year earlier, the Australian Bureau of Statistics said Wednesday. Wages in the fourth quarter grew 3.2% on year.

The wage price index rose 0.9% in the first quarter, and by 3.4% from the same period a year earlier, the Australian Bureau of Statistics said Wednesday. Wages in the fourth quarter grew 3.2% on year.

The risks are highlighted by Commonwealth Bank having spent and provisioned a collective AUD 4.1 billion on customer remediation between fiscal 2014 and 2023 and paying a civil penalty of AUD 700 ...

Figures from the Australian Bureau of Statistics on Wednesday showed its wage price index rose 0.9% in the first quarter, ...

The Melbourne Institute's inflation measure for Australia rose by 0.6% in April 2025, a slight dip from March's high but the ...

Anthony Albanese's center-left Labor Party had branded Albanese's rival Peter Dutton, the opposition leader, “DOGE-y Dutton.” ...

Albanese suggested that his government had increased its majority by not modeling itself on U.S. President Donald Trump's ...