News

“3.9 per cent is the lowest the unemployment rate has been in the monthly survey. The last time the unemployment rate was lower than this was in August 1974, when the survey was quarterly.”

“The CEO of the latest major Aussie construction firm on the brink of collapse died just days before the crisis talks.”

The Board decided to increase the cash rate target by 25 basis points to 35 basis points.

“Interoperability will promote competition in the ELNO market, encouraging innovation and efficiency in land transactions and provide choice for consumers,”

Banks can be required by the regulator to reimburse victims of authorised push payment fraud.

The Reserve Bank of Australia projects real wages will continue going backwards until December 2023.

“Headline inflation is now expected to peak at around 6 per cent in the second half of this year”

Today, the Board decided to increase the cash rate target by 25 basis points to 35 basis points and to increase the rate paid on Exchange Settlement balances from 0 per cent to 25 basis points

ASIC released its quarterly update for 1 January to 31 March 2022.

The Board decided to maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances at zero per cent. 

APRA is drafting a letter to banks laying down its expectations around crypto assets but will not introduce any new regulatory requirements.

Telstra is rolling out a brand-new SMS scam filter.