Australian consumer prices rose at the slowest pace in almost four years in the December quarter, while a pullback in housing costs helped cool core inflation and open the door to a cut in interest rates as early as next month.

Inflation in Australia remained in retreat in the last quarter of 2024, stoking the case for the central bank to join the global easing cycle by cutting rates at its coming meeting in February.

Australia's CPI inflation slows to 2.4% YoY in Q4 2024, driven by government rebates. Click here to find out what investors need to know.

Australia batter Steve Smith passes the 10,000-run mark in Test cricket during the first day of his side's opening match in Sri Lanka.

Skipper Steve Smith crossed a milestone 10,000 runs in Test cricket as Australia reached 145-2 at lunch on day one of the first match against Sri Lanka. He became the 15th batsman to 10,000 Test runs and only the fourth Australian to achieve the feat after Allan Border,

Australia stand-in captain Steven Smith is looking to put the 10,000 Test runs milestone out of his head in the first Test of the two-match series against Sri Lanka. In the final Test of the Border-Gavaskar Trophy against India,