Australia

The deal with pilots comes as a Qantas ground workers’ union said that around 650 staff would soon vote on industrial action

Economists had forecast a A$1.08 billion shortfall

Inflation was softer than anticipated last quarter

Prices across the country are down 0.7%, with Sydney leading dips in many major cities

At least A$30 billion in senior debt has been arranged through a residential mortgage-backed securitisation

The Reserve Bank of Australia has raised the key interest rate three times this year so far

Rate hikes and tax break reversal undermine home prices; there is a sea change in mood among buyers and sellers alike

The key goal is to prevent elevated cost pressures from entrenching inflation, adds Michele Bullock

Defence Minister Chan Chun Sing says trust is key for both countries to complement each other