News

Much is made about how central bankers fret over rising inflation, but there’s really nothing like a sudden and sharp rise in ...
Australia's central bank on Tuesday proposed to scrap surcharges on most debit and credit card payments for consumers while ...
A Westpac-Melbourne Institute survey showed its main index of consumer sentiment crept up 0.6% in July, following an equally ...
After an eight month review, the bank’s Payments System Board has concluded the surcharge model no longer works in a ...
Consumer confidence jumped in July but was hurt by the Reserve Bank of Australia’s shock rate hold that denied millions of ...
With June’s labour force numbers out, the merry dance of predicting rate movements and second-guessing the central bank begins afresh.
The Reserve Bank of Australia has called for surcharges on eftpos, Mastercard and Visa cards to be scrapped in a move that ...
The jobless rate had held between 3.9% and 4.2% since late 2023 even as the broader economy slowed, a surprising resilience ...
The Reserve Bank of Australia judged that surcharges on debit and credit cards, including Mastercard and Visa, no longer ...
Westpac partners with Chainlink and Australia's RBA to launch Project Acacia for blockchain-based tokenized asset settlement.
It comes as the Reserve Bank closely monitors the labour market before its next monetary policy meeting in August.
Australia’s unemployment rate rose to 4.3% in June 2025, marking a notable increase from the 4.1% recorded in May and ...