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 ...
Today’s must-reads: • RBA seen holding key rate • Westpac’s profit beats • Student loans to be cut Australia’s central bank is poised to keep interest rates at a 13-year high ...
Gift 5 articles to anyone you choose each month when you subscribe. RBA deputy governor Andrew Hauser had lunch with 300 odd heavyweight investors. He showed these sorts of central banker-market ...
We expect the RBA to keep the cash rate unchanged at 4.35% at the 5 November meeting. The benign Q3 CPI report removes any residual risk of further tightening in November. AUD weakness may reverse ...
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 ...
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.
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 ...
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!
RB Global (RBA) shares soared 6.4% in the last trading session to close at $86.29. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares ...
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 ...
The official cash rate has been left unchanged at 4.35 per cent after the Reserve Bank board met on November 5.
SYDNEY—Australia’s central bank is set to resist pressure to cut interest rates even as its closest peers pick up the pace of their policy easings. Both the Bank of Canada and the Reserve Bank ...