Australia jobs rise by most on record, in huge surprise

(Reuters) - Australian employment surged by the most on record in August and far beyond the most optimistic forecast, on the face of it a stunningly strong report that should calm recent concerns about the health of the economy.

Australia rebalancing act to take time, A$ overvalued: RBA

(Reuters) - Australia's economic rebalancing away from the mining boom is still in its early stages, a top central banker said on Thursday, while warning investors they were underestimating the risk of sharp fall in the local dollar.

Australia central bank holds rates, opaque on policy outlook

SYDNEY (Reuters) - Australia's central bank kept its cash rate at a record low of 2.5 percent on Tuesday saying the full impact of past easing was still percolating through the economy, though it offered little guidance on the chance of further cuts.