The ban, subject to consultation with the RBA, is an attempt to relieve pressure on family budgets in the months ahead of a federal election. But small business groups are warning that there may ...
RBA Set to Hold Key Rate to Counter Sticky Prices, Global Risks Policy makers to stand pat a 4.35%, marking year at that rate US election, China economy among host of global uncertainties ...
At the same time, the RBA said it was considering restricting how much companies like Mastercard and Visa could charge retailers. The RBA indicated it would crack down on two different fees set by ...
The Reserve Bank of Australia (RBA) is in charge of Australia’s monetary policy, meaning the central bank watches the economy for highs and lows and changes policy to smooth everything over. Decisions ...
The Reserve Bank of Australia (RBA) is Australia's central bank and derives its functions and powers from the Reserve Bank Act 1959. Its duty is to contribute to the stability of the currency ...
RBA Putting Time, Attention Into Gauging China Stimulus Impact Sees households, unions extrapolating less from high prices RBA has kept key rate at 12-year high as other banks cutting ...
Read our advice disclaimer here. The Reserve Bank of Australia (RBA) has decided to keep the cash rate steady, in a widely expected move that will nevertheless be a blow to mortgage-holders.
Punters were left disheartened by the central bank's announcement on Melbourne Cup Day. The Reserve Bank of Australia (RBA) has announced another rate hold after the September consumer price index ...
Mastercard and Visa have warned of the "unintended consequences" if the Reserve Bank of Australia (RBA) makes changes to card fees. The RBA is conducting a large-scale investigation into the card ...
But the bank has now fallen into line with the three other major banks, saying the RBA won’t move till its first meeting of 2025 in February. “The data was almost certainly a touch too strong ...
That came as the RBA followed on the heels of major central banks across the globe, slashing rates in hopes of stoking 'stubbornly absent' inflation. As they say, be careful what you wish for!
The official cash rate has been left unchanged at 4.35 per cent after the Reserve Bank board met on November 5.