James Glynn

SYDNEY—Australian consumer prices rose by more than expected in July, adding pressure on the Reserve Bank of Australia to raise interest rates again before the end of the year.

The data points to an increasingly buoyant Australian economy, with aggregate demand still well above levels the central bank will feel are appropriate.

SYDNEY—Reality is starting to dawn on Australian financial markets that the Reserve Bank of Australia has more work to do in terms of raising interest rates and the next increase could be just weeks away.

Households continued to behave cautiously, with consumption rising 0.4% in the quarter.

RBNZ raised interest rates, warning that risks for higher inflation remain in play for the economy.

The Reserve Bank of New Zealand raised interest rates Wednesday, warning that risks for higher inflation remain in play for the economy.

SYDNEY—Australia's economy was stronger than expected in the second quarter, stoking the case for the Reserve Bank of Australia to raise interest rates further amid sticky inflation.

SYDNEY—The Australian government is pushing toward stricter rules for technology giants with plans to introduce new requirements that would give

Central bankers are usually reserved, with their public comments limited to pre-prepared lines that are often coached into them by internal staff.

SYDNEY—Central bankers are usually reserved, with their public comments limited to pre-prepared lines that are often coached into them by internal staff.