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Australian Dollar edges higher ahead of Fed interest rate decision

Australian Dollar edges higher ahead of Fed interest rate decision
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AUD/JPY snaps its losing streak due to improved risk appetite

AUD/JPY snaps its losing streak due to improved risk appetite
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Contractionary conditions ease for industry

Contractionary conditions ease for industry
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Australian Manufacturing Index May -5.1 (prior -20.2) & Construction -6.6 (prior -12.4)

Australian Manufacturing Index May -5.1 (prior -20.2) & Construction -6.6 (prior -12.4)
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Australia's cost of living has reached a record high, businesses are struggling, and interest rates are rising. Is a recession coming?

Newly released data shows living costs are at a record high, consumers are spending less, and businesses have been shrinking for a year - a day after the Reserve Bank of Australia controversially raised interest rates to 3.85 percent.

SydneyNew south walesAustraliaPerthWestern australiaAustralianAlan osterMichelle marquardtShane oliverInnes willoxPhilip loweBen dorberAi group australian industry indexAi groupAustralian bureau of statisticsReserve bank