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Australian Consumer Confidence Rebounds as Trade Tensions Ease
Australia's Monthly Total Credit Up 0.5% in March; Annual Credit Rises 6.5%
Australia's Inflation Increases 0.9% Sequentially in March Quarter; Annual Inflation Flat at 2.4%
The Prime Minister of Australia responded to Trump's tariffs: there will be no equal countermeasures, and negotiations for exemptions will be sought.
① Australian Prime Minister Albanese criticized USA President Trump for imposing a 10% tariff on allies, stating that such actions are not what friends do, and indicated that Australia will not impose equivalent tariffs on the USA; ② The Australian government will seek to negotiate with the USA in hopes that Trump will lift the tariffs on Australia.
Half-Year Financial Report
Australian Consumers Upbeat But Trade War Worries Linger