Calling an end to the commodity boom is problematic because the definition of what constitutes the boom depends on who you are.

THE Australian dollar climbed after a government report showed the economy expanded in the second quarter at a faster pace than economists had forecast.

AUSTRALIA’S jobless rate rose to an eight-month high in July as hiring stalled, prompting Goldman Sachs & Partners Australia Pty to predict as many as two interest rate cuts this year.

Australia's central bank chief said the country has followed the rest of the world into a recession.

Australia’s central bank raised its official cash interest rate by 25 basis points to 7% today, its highest since 1996.