News

A broad index of inflation expectations that Federal Reserve Chair Jerome Powell flagged as being partly behind June’s jumbo interest-rate increase is expected to show a big rise.

Taskforce on Nature-related Financial Disclosures (TNFD)

How the TNFD is building on the TCFD

Return to 2% inflation ‘critical’ for employment mandate

“…banks have very experienced hardship teams. They’ve been working with families who experienced fires a couple of years ago, who experienced floods last year and earlier this year. They have a range of very practical measures to support people getting through these kinds of experiences.”

the Board decided to increase the cash rate target by 50 basis points to 1.35 per cent. It also increased the interest rate on Exchange Settlement balances by 50 basis points to 1.25 per cent.

Australian Competition and Consumer Commission’s (ACCC) annual 2021 ‘Targeting Scams’ report released today.
$2B lost in 2021.

RBA says no to 75bps hike; AAA rating reaffirmed by Moodys; broad money up by 10.4%; two years of CDR

No default events (on bonds or loans) have been recorded since 1983.

Credit reporting is now clearer and fairer, with better protections for a customer’s credit history.

The leaders pledged to step up efforts on global energy and food security, and to stabilize economies still recovering from the Covid-19 pandemic.

BCCC expects strict compliance under banks’ obligations under the Code when executing guarantees, and that bank staff training should go beyond mere awareness of the Code.