SYDNEY - Australian Prime Minister Scott Morrison meet with the country’s central bank chief on Wednesday to discuss the nation’s slowing economy as pressure grows for urgent fiscal stimulus.
Lowe on Tuesday said the RBA was considering cutting interest rates, the first cut in three years, to stimulate an economy slowing due to sluggish consumer spending and with lukewarm inflation. The RBA last eased policy to a record low 1.50% in August 2016. Australia’s domestic activity likely slowed in the three-months ended March to an annual 1.7%, the weakest since the 2008 global financial crisis.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
A mystery to many, Australian PM is a tough sell at electionCANBERRA, Australia (AP) — Scott Morrison has carried an unusual burden for an Australian prime minister campaigning for election on Saturday. As well as explaining why Australians should vote for... Why did Australia spy on my President? Thought we were mates? Stop. Writing. Rubbish Scomo to his friends' What he has to offer Australia is still being evaluated'
Source: AP - 🏆 728. / 51 Read more »
Australian politicians scramble to win over undecided voters, honor former PMAustralian politicians scrambled to win over undecided voters on Friday, the las...
Source: Reuters - 🏆 2. / 97 Read more »
Australian PM Morrison celebrates unexpected election victoryAustralian Prime Minister Scott Morrison said his government had delivered a mir... Plot twist right there Common sense prevails. Media must have been wrong again...
Source: Reuters - 🏆 2. / 97 Read more »
From picket line to PM: Bill Shorten aims to be Australian leaderBill Shorten, leader of Australia's opposition Labor party, is known as a d... Bill will say anything, divorce anyone, spruke bites to any camera, knife any colleague to become PM. AustraliaVotes billshortenmp That won't happen
Source: Reuters - 🏆 2. / 97 Read more »
In coal we trust: Australian voters back PM Morrison's faith in fossil fuelAustralia's re-elected Prime Minister Scott Morrison once brandished a lump... what a backward country Liberals losing elections the world over- its a great time to be alive. One day soon China is going to say: Thanks for the coal guys, but we’ve built enough Wind Farms, Solar Farms and Battery Storage now. Good luck selling all that coal you’ve invested billions of taxpayer’s money in 👋🏼
Source: Reuters - 🏆 2. / 97 Read more »
Australian leaders make last poll pitch, mourn former PM HawkePolitical climate change: Australian leaders make last pitch to voters via Colin Packham barrett_ink barrett_ink bg
Source: Reuters - 🏆 2. / 97 Read more »
Miracle win offers Australian PM authority and government stabilityAustralian Prime Minister Scott Morrison may have won more than just another thr... Ugh certainly not in my top 3. I wonder how that animal party went? They. Do. Not. Offer. Stability. They were chaotic before the election and they will be going forward Miracle Win? Or was all the media and polls wrong? Think we have seen this before.
Source: Reuters - 🏆 2. / 97 Read more »
Reuters Top News @ReutersLIVE: New Zealand PM Ardern speaks to media during Singapore visit Agree or disagree...at least they are sentient. RarityTheseDays New Zealand PM Ardern rocks!!
Source: Reuters - 🏆 2. / 97 Read more »
Australia's Pentecostal PM rides miraculous wave back into officeAustralian Prime Minister Scott Morrison thanked his fellow Pentecostal churchgo... When Catholic runs Down, and Other Run Up ( not “roundup”) 'Miracle' Suuuuuure.
Source: Reuters - 🏆 2. / 97 Read more »
UK PM May to set out details of Brexit deal offer at 1500 GMT: spokesmanBritish Prime Minister Theresa May will make a speech at 1500 GMT on Tuesday to ... Exit is dead she should resign already
Source: Reuters - 🏆 2. / 97 Read more »
Collapse of Brexit talks a very negative development: Irish PMThe collapse of talks between Britain's two main parties aimed at finding a... Brexit wasn’t a terrible idea or anything Pretty sure they were going negatively from the start Negative for whom
Source: Reuters - 🏆 2. / 97 Read more »