Australian shares have dropped for a third straight week, with rate hike fears and soaring energy costs triggering a recession warning.

Treasurer Jim Chalmers said the decision would be "tough news" for Australians as the Opposition accused him of "inflation denial".

The latest employment figures has now stoked fresh fears that Australia's economy could be shocked into a recession for the ...

The central bank’s monetary board has voted 5-4 to raise the cash rate to 4.1 per cent as the Middle East conflict threatens ...

By the next meeting there will be new inflation and employment data and further developments in the Middle East so don’t bet ...

Australian businesses are caught in the crossfire of rising costs and Tuesday's interest rate hike, industry groups warn, as ...

Victorian Premier Jacinta Allan has openly criticised the Reserve Bank Governor, branding Michele Bullock's recession warning a “gut punch” to working people.

Australia can now lay claim to a world record that no one wants: some of the highest interest rates in the developed world.

Economists predict RBA will raise interest rates this week and in May – days before treasurer unveils budget ...

Australia is facing a ‘deep recession’ as Iran’s guerilla tactics in the Strait of Hormuz force the Federal Government to introduce fuel rationing, a superannuation strategist says.

Australia has entered its first recession since 1991 after the economy shrank 7 percent in the second quarter, official figures showed Wednesday, as the country reels from the coronavirus pandemic.

Australia’s economy is facing mounting pressure as rising interest rates and climbing petrol prices squeeze households, ...