Date | Title | Description |
08.11.2024 | Uncertainty Looms Over Bond Markets Amid Political Shifts | The U.S. bond market, a cornerstone of global finance, is currently navigating turbulent waters. With Donald Trump’s return to the White House, the landscape is shifting. Investors are left wondering: will bonds rebound or face further decl... |
08.11.2024 | US, UK and Sweden pile on rate cuts | Macro MattersUS, UK and Sweden pile on rate cuts
By Alun John and Dhara RanasingheNovember 8, 20248:21 AM UTCUpdated ago
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Item 1 of 3 The Federal Reserve building is... |
08.11.2024 | How to Trade Australian dollar | AUD/USD is one of the most popular currency pairs traded today. It belongs to the Majors group. It is the fifth most traded currency pair in the world. The Australian economy is performing well.
There are many factors that influence the AUD... |
08.11.2024 | US, UK and Sweden pile on rate cuts | Previous
FILE PHOTO: A view of the headquarters of the Swiss National Bank (SNB), before a press conference in Zurich, Switzerland, March 21, 2024. REUTERS/Denis Balibouse/File Photo
FILE PHOTO: The Federal Reserve building is seen in Washi... |
05.11.2024 | The Untapped Goldmine: Australian Banks and the SME Sector | In the vast landscape of Australian banking, a golden opportunity lies buried beneath the surface. Small and medium enterprises (SMEs) are the lifeblood of the economy, yet banks are missing the mark. A recent report by Publicis Sapient rev... |
05.11.2024 | Dollar slips as FX traders gird for US election outcome | LONDON :The dollar eased on Tuesday as traders squared positions ahead of what is expected to be a close U.S. presidential election, while options volatility soared after recent polls dented some market bets on a victory for Republican Dona... |
04.11.2024 | Dollar slips, stocks edge up before tight US election | MarketsDollar slips, stocks edge up before tight US election
By Koh Gui Qing and Tom WilsonNovember 4, 20244:12 PM UTCUpdated ago
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Item 1 of 3 U.S. Dollar banknotes ... |
04.11.2024 | Dollar slips as traders unwind Trump trades | NEW YORK : The U.S. dollar slipped on Monday as investors exited from positions that have benefited from speculation Republican former President Donald Trump is more likely to win the presidential election on Tuesday.
“The Trump trade is un... |
04.11.2024 | Dollar slips as traders unwind Trump trades | CurrenciesDollar slips as traders unwind Trump trades
By Karen Brettell and Medha SinghNovember 4, 20243:55 PM UTCUpdated ago
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U.S. dollar banknotes are seen in this... |
30.10.2024 | Australian banks missing growth opportunity with SMEs | Australian banks are reportedly not fully capitalising on the opportunities presented by small and medium enterprises (SMEs) in the business banking sector, as outlined in the Business Banking Customer Report 2024 by Publicis Sapient.
The r... |
27.10.2024 | Australia Launches Three-Year Plan to Explore CBDC Potential | Listen to this article
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Australia has announced a three-year initiative to explore central bank digital currencies (CBDCs), focusing on wholesale applications, regulatory reforms, and industry engagement.
Brad Jone... |
26.10.2024 | Commentary: The inflation struggle is over. Just don’t tell anyone | SINGAPORE: Even with inflation well and truly on the way down after the most aggressive interest rate tightening in a generation, central banks are averse to declarations of victory. That the pace of price increases has been reined in witho... |
21.10.2024 | Morning Bid: China rate cuts looming, US booming | Asian MarketsMorning Bid: China rate cuts looming, US booming
By Jamie McGeeverOctober 20, 20249:50 PM UTCUpdated ago
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CommentaryBy Jamie McGeever
Headquarters of th... |
17.10.2024 | Big central banks are firmly in rate-cut mode | LONDON : Seven of the 10 big developed-market central banks tracked by Reuters have now started easing policy, with expectations of how quickly each will move swinging back and forth as policymakers stress data dependency.
Here's where majo... |
16.10.2024 | Zeller, Square defend all-in-one transaction fees for merchants amid surcharge debate | Source: Supplied article-article-body
Tech platforms like Zeller and Square are defending their pricing models, after the announcement of a Reserve Bank of Australia (RBA) review that could dramatically alter how they charge merchants for c... |
15.10.2024 | Surcharging ban: Labor pledges “safeguards” to make sure small businesses don’t lose out | Source: Adobe Stock article-article-body
The federal government says it is willing to ban debit card surcharges, without heaping financial pressure on the small businesses that currently pass card payment processing costs on to consumers.
O... |
08.10.2024 | Dollar eases from 7-week highs as traders weigh Fed rate path | LONDON : The dollar eased from near seven-week highs against major currencies on Tuesday after investors assessed the outlook for U.S. rate cuts, even as the conflict in the Middle East continues to support the currency's safe-haven appeal.... |
03.10.2024 | Dollar bears eye shifts in global yields, growth to play weakening US currency | CurrenciesDollar bears eye shifts in global yields, growth to play weakening US currency
By Saqib Iqbal AhmedOctober 3, 20245:08 AM UTCUpdated ago
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01.10.2024 | Australian retail sales rebound in August on warm weather | Retail & ConsumerAustralian retail sales rebound in August on warm weather
By Stella QiuOctober 1, 20241:59 AM UTCUpdated ago
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01.10.2024 | Australia's central bank bars Canadian investment bank from private briefings after leak - sources | FinanceAustralia's central bank bars Canadian investment bank from private briefings after leak - sources
By ReutersOctober 1, 20242:31 AM UTCUpdated ago
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18.09.2024 | Australia's RBA to prioritise wholesale CBDC work over retail | SYDNEY : Australia's central bank has decided to prioritise work on a wholesale central bank digital currency (CBDC) as its economic benefits are judged to outweigh those of a retail version, a top policymaker said on Wednesday.
In a confer... |
06.09.2024 | Dollar eases ahead of US payrolls test | NEW YORK :The U.S. dollar eased against most major currencies on Thursday in choppy trading as investors braced for Friday's U.S. payrolls report, which could shape the path of interest rate cuts from the Federal Reserve.
The dollar has com... |
05.09.2024 | Australia central bank governor reiterates rate cuts are premature | MarketsAustralia central bank governor reiterates rate cuts are premature
By ReutersSeptember 5, 20243:15 AM UTCUpdated ago
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Reserve Bank of Australia's governor Mic... |
04.09.2024 | Australia economy stuck in slow lane, household spending drags | Macro MattersAustralia economy stuck in slow lane, household spending drags
By Stella QiuSeptember 4, 20246:01 AM UTCUpdated ago
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04.09.2024 | Aussie consumers put essentials first as cost pressures persist | MarketsAussie consumers put essentials first as cost pressures persist
By ReutersSeptember 4, 20245:31 AM UTCUpdated ago
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03.09.2024 | Why wage theft issues are so prominent in Australia | Profile Smart WFM
More news on Compensation & Benefits Human Resources
As wage theft criminalisation laws draw closer, Australian government and industry need to come together to solve chronic wage theft issues that have plagued the nat... |
03.09.2024 | FinTech Australia announces Intersekt 2024 conference details | FinTech Australia has unveiled its plans for the upcoming Intersekt 2024 conference, which will feature new research from the Reserve Bank of Australia on Central Bank issued Digital Currency. The conference is set to also highlight discuss... |
28.08.2024 | Morning Bid: Looking local as US macro, Nvidia shadows linger | Asian MarketsMorning Bid: Looking local as US macro, Nvidia shadows linger
By Jamie McGeeverAugust 27, 202410:01 PM UTCUpdated ago
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CommentaryBy Jamie McGeever
A man... |
23.08.2024 | The AI Accountability Shift: A New Era for Government Oversight | The landscape of artificial intelligence (AI) is shifting. Governments worldwide are grappling with the implications of AI technology. In Australia, a significant move is underway. Starting September 1, all federal departments must appoint ... |
22.08.2024 | Big four banks to face scrutiny over small business transaction fees | (Clockwise from top left) The logos of NAB, ANZ, Westpac, and Commonwealth Bank. Source: AAP Image/ Joel Carrett. article-article-body
Australia’s big four banks will face parliamentary scrutiny next week, with both Labor and Coalition lawm... |
08.08.2024 | “Flame of ambition”: Ombudsman proposes Prime Minister’s awards for small business in 14-point plan | The Ombudsman, Bruce Billson. Source: Supplied. article-article-body
Would small business awards handed down by the Prime Minister, or formal accreditation for those who pay suppliers on time, help to re-energise the SME sector?
Australian ... |
07.08.2024 | Australia’s Economic Tightrope: Balancing Rates Amid Rising Costs | Australia is walking a tightrope. The Reserve Bank of Australia (RBA) has decided to hold interest rates steady at 4.35%. This decision comes at a time when the nation grapples with a rising cost of living and increasing financial stress am... |
06.08.2024 | Dollar recovers ground, steadies against yen as market frenzy eases | Previous
FILE PHOTO: U.S. Dollar banknote is seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: Japan Yen and U.S. Dollar notes are seen in this June 22, 2017 illustration photo. REUTERS/Th... |
06.08.2024 | Australia central bank holds interest rates at 4.35% | SYDNEY : Australia's central bank held interest rates steady on Tuesday as expected, while reiterating that it was not ruling out further increases if needed to control inflation.
Wrapping up its August policy meeting, the Reserve Bank of A... |
05.08.2024 | Australia’s central bank expected to hold rates steady at 4.35% | Listen to this article
Australia's central bank expected to hold rates steady at 4.35%
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01.08.2024 | Major central banks' rate cuts gather pace | Previous
FILE PHOTO: The Japanese national flag waves at the Bank of Japan building in Tokyo, Japan March 18, 2024. REUTERS/Kim Kyung-Hoon/File Photo
FILE PHOTO: The Federal Reserve Building stands in Washington April 3, 2012. REUTERS/Joshu... |
31.07.2024 | Asian Markets React to BOJ Rate Hike Amid Global Economic Uncertainty | Asian markets are in a state of flux. The Bank of Japan (BOJ) has stirred the pot by raising interest rates, sending ripples through the financial landscape. Investors are now navigating a volatile sea, with the yen swinging wildly and tech... |
31.07.2024 | Navigating the Waters of Monetary Policy: The Fed's Discount Window Overhaul | The Federal Reserve is at a crossroads. A new bill aims to reform the discount window, a critical tool for banks in distress. This comes as the Fed grapples with its own internal changes. The discount window has long been a safety net, yet ... |
31.07.2024 | Dollar falls as Fed signals likely September rate cut | NEW YORK : The dollar added to losses on Wednesday after the Federal Reserve held interest rates steady but opened the door to reducing borrowing costs as soon as its next meeting in September.
Fed Chair Jerome Powell said in comments after... |
31.07.2024 | Asian stocks soar; yen volatile as BOJ hikes rates | MarketsAsian stocks soar; yen volatile as BOJ hikes rates
By Ankur BanerjeeJuly 31, 20244:35 AM UTCUpdated ago
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The Japanese national flag waves at the Bank of Japan... |
30.07.2024 | Dollar, yen hold tight ranges as market braces for BOJ, Fed | TOKYO : The dollar and yen kept within close ranges on Tuesday as traders awaited key central bank decisions, kicking off with midweek monetary policy meetings from the Bank of Japan and Federal Reserve that could set the tone for coming we... |
26.07.2024 | “Recipe for disaster”: Consumer groups call for ad ban on BNPL for groceries, medicines | Source: Adobe Stock article-article-body
So-called “buy now pay later” arrangements for essentials such as food and medicines should be banned, consumer groups say.
Federal parliament is considering changes to credit laws that have not cove... |
23.07.2024 | The role of Australia's banks in alleviating the cost-of-living crisis | Profile Publicis Sapient
More news on Banking Financial Services
The Budget has delivered some relief for Australians struggling with the cost-of-living. The government is spending AU$7.8 billion on cost-of-living measures. A major goal is ... |
05.07.2024 | Bollywood Icon Amitabh Bachchan's Property Empire Expands with Luxurious Borivali Apartments | In a move that has set tongues wagging in the real estate world, Bollywood superstar Amitabh Bachchan has recently acquired two premium apartments in the bustling suburb of Borivali, Mumbai. This purchase comes hot on the heels of his son A... |
02.07.2024 | International Roaming Outage Leaves AT&T, T-Mobile, and Verizon Customers Stranded Abroad | A recent international roaming outage has left travelers in a communication crisis as major U.S. carriers, including AT&T, T-Mobile, and Verizon, experience service disruptions while roaming abroad. The outage, attributed to connectivit... |
02.07.2024 | CoreLogic: House prices in Australia rise by 0.7%
Vedanta Aluminium wins accolades for environment and energy excellence
IREDA loan surges to Rs 91.36 billion in April-June
India, Australia to Enhance... | Real Estate CoreLogic: House prices in Australia rise by 0.7%
02 Jul 2024 2 Min Read CW Team
CoreLogic reported that Australian home prices had risen in June for the seventeenth consecutive month, driven by tight supply, which outweighed de... |
28.06.2024 | Trump re-election may lead to commodity market fragmentation, HSBC's Bloxham says | CommoditiesTrump re-election may lead to commodity market fragmentation, HSBC's Bloxham says
By Anisha Sircar and Divya ChowdhuryJune 28, 202410:28 AM UTCUpdated ago
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27.06.2024 | Headline inflation grows to 4%, raising the spectre of another RBA rate hike | RBA governor Michele Bullock. Source: AAP Image/Mick Tsikas article-article-body
A key measure of inflation has jumped, climbing to 4% in May after edging up from a recent low of 3.4% in February.
The Bureau of Statistics’ monthly consumer ... |
25.06.2024 | Cash to stay afloat as money mover Armaguard receives $50 million life raft | Source: AAP Image/Melanie Foster article-article-body
A deal reached between Armaguard, the banks, and Australia’s largest retailers securing the cash-in-transit service’s future, is good news, for now, for those Australians who still use c... |
25.06.2024 | Manufacturing sector shows signs of life but cost pressures remain | Source: Adobe Stock article-article-body
Australian manufacturers have notched up a better few months for new orders and tax cuts should help household incomes recover and underpin healthier demand for goods.
Demand has rebounded in the Jun... |
19.06.2024 | Dollar struggles for direction, euro close to 1-1/2-month low | :The dollar struggled for direction on Wednesday while the euro remained close to its recent lows on concerns that a new government in France could weaken fiscal discipline, increasing the debt risk premium across the euro area.
Meanwhile s... |
19.06.2024 | RBA to consider allowing merchants to pass on BNPL surcharges to customers | Source: Supplied. article-article-body
The Reserve Bank of Australia (RBA) says it will “revisit” the issue of surcharging in the buy now, pay later (BNPL) sector, flagging a new review to assess if payment sector reforms are necessary.
Und... |
18.06.2024 | Australia’s Digital Bank Ubank Announces Interest Rate Update for Savings Products | Ubank has announced a new bonus interest rate for savers.
This update from Ubank comes as new Gen Z and Millennial research reveals “the rising cost of living is making it increasingly difficult to manage their finances yet they remain opti... |
17.06.2024 | Small businesses exhausting their cash reserves, with one in three turning to personal funds | Source: Canva article-article-body
One in five Australian small businesses have exhausted their cash reserves, and nearly one in three owners are paying business expenses with their personal funds, according to fresh research from local len... |
11.06.2024 | AI hype tapers off? Only one in 588 job ads demand AI skills | Source: Pexels/Alex Green. article-article-body
Demand for employees with generative artificial intelligence skills peaked the year ChatGPT was launched and has tapered off in the past two years, amid hype and concern over the impact of the... |
06.06.2024 | Chalmers rebuffs recession suggestions amid weak economic growth | L-R: Australian Prime Minister Anthony Albanese, RBA governor Michele Bullock and Treasurer Jim Chalmers. Source: AAP Image/Lukas Coch. article-article-body
Australia is not expected to fall into a recession, the Treasurer has assured, even... |
31.05.2024 | How Ed Husic’s proposed company tax reforms could work | Australian Industry and Science Minister Ed Husic. Source: AAP Image/Lukas Coch article-article-body
When politicians talk about business tax reform, and talk about using it to stimulate investment, they are usually referring to one of (or ... |
07.05.2024 | Yen eases despite intervention threat, as RBA keeps interest rates steady | - |
07.05.2024 | Asian shares at 15-mth high on rate cut bets; RBA seen turning hawkish | - |
24.04.2024 | Your hunch is right: You are paying more tax | Source: Canva article-article-body
The Commonwealth’s annual tax take is in rude health and growing strongly.
The latest numbers released by the Australian Bureau of Statistics (ABS) reveal Australia’s overall taxation take has continued it... |
23.04.2024 | Has the Reserve Bank indirectly fed inflation? An economist explains | Source: Adobe Stock article-article-body
Here’s something for the board of the Reserve Bank of Australia (RBA) to ponder as it meets next month to set interest rates.
It has pushed up rates on 13 occasions since it began its attempt to rest... |
18.04.2024 | Australia March employment disappoints, jobless rate ticks up | Asia PacificAustralia March employment disappoints, jobless rate ticks up
By Stella QiuApril 18, 20242:15 AM UTCUpdated ago
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09.04.2024 | Why cash advocates are furious at Queensland holiday hotspot Hamilton Island | One of the six swimming pools on Hamilton Island in Queensland's Whitsunday Islands, April 12, 2011. This pool has a swim-up bar. (AAP Image/David Potts) article-article-body
It has a reputation for relaxed getaways, but online debate over ... |
08.04.2024 | Money transportation is becoming uneconomic. Is this the end for cash? | Source: Canva article-article-body
If you’ve ever taken money out at an Australian ATM, been handed $20 change at a supermarket or paid someone in cash, you’ve probably used the services of Armaguard.
Owned by Linfox Group, Armaguard is Aus... |
04.04.2024 | Exclusive: Bank of Korea considering forward guidance overhaul | Asian MarketsExclusive: Bank of Korea considering forward guidance overhaul
By Cynthia KimApril 4, 20246:57 AM UTCUpdated ago
The logo of the Bank of Korea is seen in Seoul, South Korea, November 30, 2017. REUTERS/Kim Hong-Ji/File Photo Pur... |
31.03.2024 | US job growth: Payrolls seen hitting at least 200,000 for a fourth month | By Vince Golle and Craig Stirling
Healthy US employment gains continued in March while wage growth moderated, indicating the nation’s labor market is poised to keep stoking the economy with limited risk of an inflation resurgence.
Payrolls ... |
21.03.2024 | Fifo Capital CEO says too many SMEs miss out on support measures | Source: Adobe Stock article-article-body
Australian small businesses have not been supported through economic turmoil in the way they should have been, Fifo Capital CEO Wayne Morris says, as robust interest rates and the cost of doing busin... |
05.03.2024 | Bitcoin's Price Rally May Add to Inflation. Here's Why | The "wealth effect" from unrealized crypto-market gains could inject demand-pull inflation into the economy.
That could force the Fed to reassess its December projection of implementing three interest-rate cuts in 2024.
Bitcoin's ... |
12.02.2024 | Afterpay: No changes to Australian brand after reported US shake-up | article-article-body
Afterpay says it has no plans to shake up its Australian brand, despite reports its American operation will be merged with peer-to-peer payments platform Cash App, and payment experts flagging significant regulatory cha... |
01.02.2024 | Australia’s inflation rate is now at its lowest in two years | Source: Adobe Stock article-article-body
Inflation has fallen for the fourth successive quarter.
Australia’s annual inflation rate fell to 4.1% in the December quarter of 2023, down from 7.8% in the December quarter of 2022.
The new rate is... |
16.01.2024 | 10 Best Litecoin Casinos for 2024 | Litecoin (LTC) is an established cryptocurrency with many use cases – including online gambling payments. But which casino sites accept LTC in 2024?
This guide reveals the 10 best Litecoin casinos for safety, bonuses, payout times, customer... |
12.01.2024 | Australia’s sustainable finance strategy is here. But it’s only the first step | Source: Unsplash/ Zbynek Burival article-article-body
Just north of Jamestown in South Australia, 70 kilometres east of the Spencer Gulf and next to a wind farm of nearly 100 turbines, stands the world’s first big battery.
Built in partners... |
22.12.2023 | The state of play in regional and rural retail | article-article-body
Things in retail remain tough. The ‘light at the head of the tunnel’ hinted at in RBA Governor Glenn Stevens’ ‘The Lucky Country‘ address two weeks ago sometimes appears like false dawn in stores and boardrooms across A... |
22.12.2023 | Fast Lane: Why the sad face? Small business confidence at an all-time low | article-article-body
SMEs are not happy, according to the latest Westpac-Melbourne Institute Small Business Index, which shows a 12.7% fall in May to an all-time low of 108.2.
That’s down from 124.0 in February with two in five small busine... |
07.12.2023 | Happy birthday AUD: A timeline of how the Australian dollar was floated 40 years ago | Source: Canva article-article-body
These days, we take for granted that the value of the Australian dollar fluctuates against other currencies, changing thousands of times a day and at times jumping or falling quite a lot in the space of a ... |
30.11.2023 | With inflation at 4.9%, will the RBA hold fire on interest rates? | RBA governor Michele Bullock. Source: AAP Image/Mick Tsikas article-article-body
Australia’s inflation rate has dived from 5.6% to 4.9% in October, pushing it below 5% for the first time in 20 months.
The Australian Bureau of Statistics fig... |
21.11.2023 | Barbers “in shock” after RBA governor says haircuts contributing to inflation | The Barberhood site in Martin Place, Sydney. Source: Supplied article-article-body
Fresh commentary from Reserve Bank of Australia (RBA) governor Michelle Bullock has one barbershop founder “in shock” after she suggested lower spending at h... |
21.11.2023 | Cash may not be king, but the Optus outage shows it’s far from obsolete | Image: Canva article-article-body
A simple software upgrade went wrong. Across the country economic life ground to a halt. Groceries were abandoned at supermarket checkouts. Commerce was paralysed as the nation waited for its payment system... |
21.11.2023 | Money Counterfeiters vs. Central Banks: Where Cash Security Comes From? | Carl Williams, Tech Times 21 November 2023, 09:11 pm
(Photo : Photo Stock)
Despite the rise of digital payments, cash still holds sway in consumer transactions in many countries. In this guise, this means of payment seems to be quite secure... |
10.11.2023 | RBA lifts cash rate to 4.35%, in “make or break” call for SMEs | RBA governor Michele Bullock. Source: AAP Image/Mick Tsikas article-article-body
Interest rates look set to climb higher, after the Reserve Bank of Australia (RBA) today decided to raise the official cash rate by 25 basis points to 4.35%.
I... |
10.11.2023 | Will the RBA lift rates on Melbourne Cup Day? Don’t bet on it | RBA governor Michele Bullock. Source: AAP Image/Mick Tsikas article-article-body
Each of Australia’s big four banks is now predicting a rate rise in six days on Melbourne Cup Tuesday. It would add another $77 to the monthly cost of servicin... |
23.10.2023 | A majority of NFTs now estimated to be worthless | Although the first NFTs emerged around a decade ago, the trend really started to take off in 2021. And for a time NFTs were very fashionable. Source: Adobe Stock article-article-body
Non-fungible tokens (NFTs) are in dire straits. With the ... |
23.10.2023 | Cash no longer king: Digital payments are taking the throne instead | Source: Adobe article-article-body
When was the last time you used cash? For many Australians using cash or even swiping a card has become a rare event.
The move towards a cashless society started 50 years ago with the introduction of the B... |
23.10.2023 | A PayID scam is all over Facebook Marketplace and Gumtree. Here’s how to avoid it | Source: Adobe Stock article-article-body
You’ve done it. You’ve finally bought that new sofa you wanted so much. The old one is still perfectly good to sit on, so you jump online to try and get a little bit of cash for it.
Every day, thousa... |
23.10.2023 | Why the RBA’s next interest rate decision depends on petrol prices | RBA governor Michele Bullock. Source: AAP Image/Mick Tsikas article-article-body
If the Reserve Bank does push up interest rates again, the most likely next date is its next board meeting, on Melbourne Cup Tuesday.
The November 7 meeting is... |
15.09.2023 | Australia’s Financial Technology Startups Are Changing How Banks and Financial Institutions Procure New Tech | The fintech sector has been a leading source of tech startup success in the Australian market. The sector is also a clear example of how technology buyers are changing the way they interact with startups. While local fintechs originally eme... |
22.08.2023 | Work From Home Increasingly Resembles a Fight Between Employer and Employee in Australia | The tension between the employee’s desire to work from home and the interests of both their employers and the broader property market to get them back into the office, is rapidly coming to a head.
In Australia, office vacancy rates hit thei... |
20.07.2023 | TP24 lands AU$585m global debt deal with Barclays | MELBOURNE, Australia, July 20, 2023 /PRNewswire/ -- Receivables-backed SME lending fintech TP24 has closed a AU$585 million global debt deal with Barclays Bank Pic ("Barclays"), arranged by Australian debt advisory firm, Neu Capit... |
18.01.2023 | Russia And Iran Eye Up Trade Using Cryptocurrencies To Avoid Dollars And Sanctions | flags of Iran and Russia painted on cracked wallgetty |
15.12.2022 | RBA to keep a close eye on ASX's CHESS and its replacement | ASIC and the Reserve Bank of Australia have put the Australian Securities Exchange (ASX) on notice that they’re watching its CHESS replacement project, after the collapse of a years-long attempt to replace the settlement system with one bas... |
14.12.2022 | Omicron waves and a crypto crash: A look back at what derailed SmartCompany’s predictions for an unpredictable 2022 | Source:Charlie Deets/Unsplash.
Forget the crystal ball for a moment; let’s reflect. SmartCompany looks back at some 2022 predictions made one year ago. What did we get right, what did we get wrong, and what things played out a little differ... |
07.12.2022 | Why the RBA’s latest interest rate rise might be the last for some time | Source: shutterstock.
You might not know it from reading Tuesday’s statement announcing Australia’s eighth consecutive increase in interest rates, but our Reserve Bank might finally have done enough.
The statement says inflation is still “t... |
06.12.2022 | First Mover Asia: Bitcoin Falls on Inflation Fears but Continues Its Ride Above $17K | Good morning. Here’s what’s happening:
Prices: Bitcoin and other crypto prices fall along with other riskier assets amid concerns the U.S. economy isn't slowing enough.
Insights: Is Taiwan's technology manufacturer HTC betting too much on t... |
29.11.2022 | RBA goes public with payments outage post-incident report | Reserve Bank of Australia has published a post-incident report for a real time payments outage in October.
The outage lasted from 7pm on October 12 into the early hours of October 13, and delayed hundreds of thousands of payments, some of w... |
04.10.2022 | Hopes of a Fed pivot are rising. Here's why the RBA's lower-than-expected rate hike has buoyed investors. | The Reserve Bank of Australia surprised the market by hiking interest rates by only 25 basis points.
It's the first central bank to move away from jumbo-sized rate increases to combat inflation.
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28.09.2022 | How Australia could escape the impending global recession | Global stock markets are tanking on fears of recessions in the US, the UK and Europe, and the OECD is actually forecasting recessions in Europe.
So is recession now inevitable in Australia? Not at all.
The good news is there are several rea... |
27.09.2022 | Australia to Explore Potential for Retail and Wholesale CBDCs | The Reserve Bank of Australia (RBA) is collaborating with the Digital Finance Cooperative Research Centre (DFCRC) to explore use cases for a central bank digital currency (CBDC).
The (DFCRC) is a 10-year, A$180 million research programme fu... |
19.09.2022 | RBA changes mind, says Least Cost Routing can now happen on mobile wallets like Apple Pay | The Reserve Bank of Australia (RBA) has substantively shifted its position on how banks and credit card schemes prioritise their products in mobile wallet Apple Pay. The decision means shopkeepers will have a basic choice in what cards they... |
08.09.2022 | Australia’s June quarter accounts show GDP is doing well, but economic management is about to get harder | Wes Mountain/The Conversation, CC BY-NC-ND
Tuesday’s national accounts show Australia ending 2021-22 on a strong note.
Gross domestic product grew by a historically robust 0.9% in the three months to June, and by an unusually-high 3.6% over... |
05.09.2022 | RBA seeks to firm up technology services and data analysis | The Reserve Bank of Australia has laid out intentions to make its technology services more resilient, and to make better use of the data it holds, in its latest corporate plan.
The central bank released its latest strategic plan on Wednesda... |