Discover how Australians have a net worth higher than that of those in the United States. How did this happen?



Helping you become more knowledgeable about how the world works, our content covers the biggest topics and...

The economy of the land down under is reliant on dirt. Yes, literal dirt. Here's why.

Discover how Australians have a net worth higher than that of those in the United States. How did this happen?



Helping you become more knowledgeable about how the world works, our content covers the biggest topics and...

Discover how Australians have a net worth higher than that of those in the United States. How did this happen?



Helping you become more knowledgeable about how the world works, our content covers the biggest topics and...

Australia has so far avoided a large-scale outbreak of Covid-19 with infection rates dropping but the crisis is crippling the nation's economy.

Closure of many non-essential businesses in Australia - like pubs and cinemas - led to an estimated one million people losing their jobs overnight.

Australian Treasurer Jim Chalmers will hand down the Albanese government's fourth budget on March 25 ahead of a federal election due by mid-May at the latest. Chalmers discusses what Australians can expect from his Budget Speech and the...

Former Australian Prime Minister Malcolm Turnbull says the second Trump administration is providing "an opportunity" for China through its poor treatment of US allies and global institutions. He also discusses the prospect of any...

WiseTech Global's largest shareholder Richard White appears to have won a power struggle after most of the board quit in a disagreement over the billionaire's role at the company. But Swinburne University's Helen Bird says the situation...

Bloomberg Markets Live's Nour Al Ali joins Anna Edwards on "Bloomberg Markets Today" to discuss the market's expectations ahead of the European Central Bank decision on Thursday, Australia's inflation surprise with the Reserve Bank of...

Diana Mousina, deputy chief economist at AMP, discusses her outlook for Asia-Pacific economies. She speaks with Bloomberg's Paul Allen and Shery Ahn on "Bloomberg Daybreak: Asia."

Diana Mousina, deputy chief economist at AMP Australia, discusses the Reserve Bank of Australia's decision to keep its key interest rate unchanged and what it means for the economy. She speaks on Bloomberg Television.

A theft wave is sweeping through Australia and New Zealand. The high cost of living is proving to be too much for man. Karen Leigh reports on Bloomberg Television.

The Reserve Bank of Australia has kept its key interest rate unchanged on Tuesday following a cooling of inflation pressures and weaker household spending, while keeping the door ajar to future hikes. Yousef Gamal El-Din reports on...

Reserve Bank of Australia Governor Philip Lowe announced a slate of reforms at the central bank, some that have been flagged before, but they won't take effect until after he finds out if he's staying in the job or being replaced. Swati...

Australian Prime Minister Anthony Albanese is considering several candidates for Reserve Bank governor, including extending the term of incumbent Philip Lowe, as speculation mounts about the next head of the RBA. Paul Allen reports on...

Australia's central bank unexpectedly raised its key interest rate and kept the door ajar to further hikes. Yousef Gamal El Din reports on Bloomberg Television.

Australia's central bank paused its almost yearlong tightening cycle on Tuesday, keeping the cash rate target unchanged at 3.60%. Stephen Carroll reports on Bloomberg Television.

"The panel's recommended changes will help us with a changing world," says Australia's central bank Governor Philip Lowe, defending the independent review of the bank and the panel's findings. He spoke at a press conference.

A review of Australia's military is recommending more spending on drones and long-range missiles aimed at countering risks posed by China's rapid military buildup. Paul Allen reports on Bloomberg Television.

Australian Treasurer Jim Chalmers will hand down the government's first full-year Budget on Tuesday May 9. Ahead of his speech, Bloomberg News' Ben Westcott sat down with the Treasurer in Canberra to discuss what to expect, Australia's...

"Australia's economy is running pretty well and the bank is running well." Ross McEwan, group chief executive officer at National Australia Bank Ltd., discusses quarterly earnings, Australia's banking sector and his outlook for the...

Australia's central bank signaled further policy tightening ahead after unexpectedly raising interest rates by a quarter-percentage point on Tuesday. MLIV's Garfield Reynolds discusses the hike on Bloomberg Television.

Australian house prices rose for a second consecutive month in April, suggesting the stabilization of the property market as the RBA pauses rate hikes. Swati Pandey reports on Bloomberg Television.