Core inflation in Australia slowed to a three-year low in the first quarter as costs in the services sector cooled markedly, ...

The Australian Dollar (AUD) faced some pressure in the market after disappointing progress on US-China trade negotiations.

Yet unlike the 80s and early 90s, high inflation had not been accompanied by how a recession is commonly defined in Australia — that is, two consecutive quarters of economic contraction.

The IMF’s major touchstone World Economic Outlook was released on Tuesday night, with the report warning of higher inflation in the Australian economy. The IMF report said while China and the US ...