Australia is attempting to let the air out of housing without deflating a vital source of economic growth or stressing indebted households.
Chinese markets closed higher on Wednesday on the back of rumors of an upcoming incentive to boost China's property market.
Australia's economy grew a shade more than expected in the third quarter as a sharp increase in mining activity boosted net exports.
Trading the Australian dollar was a classic play for those who didn't have direct access to China, and a sure-fire winner on the short side.
A rebound in Australia's net export contributions will be the big factor in GDP today, says David de Garis, senior economist at National Australia Bank.
Asian markets closed mostly in positive territory as investors shrugged off a lower finish on Wall Street and a miss on China PMI.
The Reserve Bank of Australia left its cash rate unchanged at 2 percent Tuesday as it judged that the prospects for the economy had improved recently.
Paul Bloxham, chief economist for Australia and New Zealand at HSBC, analyzes the Reserve Bank of Australia's statement after the central bank held rates at 2%.
A slew of economic data and central bank decisions will keep investors in Asia busy this week.
Foreign financial institutions have been allowed into China's interbank forex market, ahead of the yuan's inclusion in the IMF's SDR basked.
Business investment by Australian companies slumped a record 9.2 percent in the September quarter, causing the Aussie to drop 0.4 percent.
Asian shares traded mixed on Wednesday, as investors remain cautious over the latest global geopolitical developments in the wake of Paris terror attacks.
Asian shares rebounded from the prior day's sell-off, as investors take heart from the rally on Wall Street.
Mike Smith, CEO of ANZ, discusses his retirement, after spearheading the Australian bank's successful expansion into Asia.
Asian shares traded mixed on Friday, as investors awaited the release of U.S. jobs data that could provide hints to when the Fed will raise interest rates.
Australia's central bank has become more confident about the outlook for economic growth on the back of subdued pace of inflation.
Catherine Allfrey, principal at Wavestone Capital, explains why profit growth at Australia's largest banks is slowing after a multi-year run of record earnings.
Asian equities outside China advanced on Tuesday, as the morale of investors got a boost from the overnight rally on Wall Street.
Paul Bloxham, chief economist for Australia and New Zealand at HSBC, says factors such as weak inflation render the Reserve Bank of Australia's (RBA) decision a close call.
Katrina Ell, economist at Moody's Analytics, says the Reserve Bank of Australia (RBA) is waiting for other data such as employment to assess if additional stimulus is necessary in the coming months.