The Reserve Bank spent a week preparing the public for a rate increase just as its Kiwi counterpart did the opposite. The credibility of both is in the balance.
If there was any doubt that the Reserve Bank of Australia would increase interest rates on Melbourne Cup Day, it was removed at 11.30 on Wednesday with the release of quarterly and monthly inflation data.
The data showed a slightly higher-than-expected increase in prices as quarterly trimmed mean inflation reached 4 per cent on an annualised basis.
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The death of a Chinese delivery rider has fuelled debate on Chinese social media about whether Melbourne deserves its reputation as one of the world's most liveable cities.
A massive shortage of homes going under the hammer in Melbourne has left buyers negotiating in the dark, but experts say upgraders can use the slump to their advantage.
Melbourne, November 13 Australian authorities have conducted a joint inspection of more than 30 fast-food outlets, restaurants and cafes in Melbourne’s central business district this week over sus...
These homes not only have great street appeal with features such as textural contrast, visual anchors and dramatic rooflines, but their interiors back up the striking impression.
A government rail executive says he was told to convey a message to the alliance for the Gap Road project to sort out its industrial issues or lose future work.
Eight years ago, the builder-developer when belly up before the scheme could complete. Its new owners want to finish the job...
