RBA Cuts Cash Rate to 4.1% in First Move Since 2020
The Reserve Bank of Australia has cut the cash rate by 0.25% to 4.1%, marking its first rate cut since 2020. The central bank remains cautious on future policy moves.
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The Reserve Bank of Australia has cut the cash rate by 0.25% to 4.1%, marking its first rate cut since 2020. The central bank remains cautious on future policy moves.
The Chinese mainland’s Ministry of National Defense condemns Australia’s recent actions in the South China Sea, asserting violations of sovereignty and urging restraint.
China has issued a stern warning to Australia after an Australian military plane deliberately intruded into Chinese airspace over the Xisha Islands, challenging regional stability.
An Australian academic argues that US tariffs alone won’t revive its decades-weakened manufacturing sector.
Two Chinese nationals have tragically died, and three others injured, in an accident on Australia’s Great Ocean Road, according to the Chinese Consulate General in Melbourne.
Tennis stars are arriving in Australia for the United Cup, a mixed-team tournament kicking off the new season. Notable players include Zverev, Auger-Aliassime, and Zhang Zhizhen leading Team China.
Waterbird populations in eastern Australia have halved in a year due to dry conditions, according to a recent survey.
Eastern Australia braces for extreme heat as temperatures soar above 40°C, with Melbourne facing its hottest December day since 2019. Authorities declare fire bans and urge residents to stay safe.
Australia has just experienced its hottest spring ever, with average temperatures soaring over two degrees Celsius above normal! 🌡️🔥 Find out what’s behind this unprecedented heatwave!
Australia passes a groundbreaking law banning social media use for kids under 16! 😱🚫📱 Starting next year, platforms like Instagram and TikTok must block minors or face huge fines.