Just weeks ago, expectations were high for the Reserve Bank of Australia (RBA) to offer some monetary relief, but recent developments suggest otherwise. Michele Bullock, the RBA Governor, and her …
Finance
banks
-
- National
Micki, 58, Believed He Had Lost $150,000 – Until an Unexpected Email Hit His Inbox
by adminA chef from Bermagui, New South Wales, named Michael “Micki” Donovan, expressed his relief after recently receiving news that his $150,000 retirement savings, frozen due to the collapse of Shield …
-
National Australia Bank (NAB) has revised its interest rate outlook, now ruling out the possibility of two additional cuts following the latest inflation figures released by the Australian Bureau of …
-
Westpac has announced the elimination of 200 teller positions across its branches as part of a strategic shift towards encouraging customers to utilise digital banking services. In response to a …
- National
RBA Commits to Maintain Cash as a Payment Option “for as Long as Australians Desire or Require It”
by adminReserve Bank Governor Michele Bullock has committed to maintaining cash as a legitimate payment method in Australia, despite only 5.5% of people currently relying on it. Concerns are mounting, however, …
- Finance
RBA Takes Firm Stand Against Banks’ Fraud Alerts Amid $1.2 Billion Card Surcharge Reform
by adminLast week, Simon Birmingham, CEO of the Australian Banking Association, expressed concerns over the Reserve Bank of Australia’s (RBA) proposal to eliminate surcharges on card payments while also reducing interchange …
- National
Confidence? I’d say it’s quite low: RBA’s $1.2 billion renovation may face even more delays
by adminThe extensive renovation of the Reserve Bank of Australia’s (RBA) headquarters at Martin Place is facing potential further cost increases, adding to its already staggering $1.2 billion price tag. Initially …
-
Commonwealth Bank customers faced significant service disruptions this morning as scheduled maintenance extended beyond expectations. At 8:30 AM, the bank issued an apology acknowledging the ongoing delays and noted that …
- National
How Refinancing Your Mortgage for a Lower Interest Rate Could Result in Higher Costs Over Time
by adminRefinancing a mortgage to secure a lower interest rate might seem beneficial at first glance, but experts caution that extending the loan term can lead to greater long-term costs. A …
-
During a live interview regarding ANZ Bank’s extensive misconduct, Joe Longo, the head of the Australian Securities and Investments Commission (ASIC), made a surprising revelation. While speaking on ABC’s current …
Newer Posts