News

Corporate regulator Joe Longo has urged consumers to show a high degree of caution towards the cryptocurrency craze,

Parliament’s Final sitting week for 2021, remote witnessing bill passed in NSW, ABA data released.

6-9pm, Tue 23 Nov: join ABA Chair Matt Comyn and the ABA CEO Anna Bligh at the Hyatt Regency as they discuss the lasting and future impacts of the Royal Commission, the digital revolution and COVID.

Scams Awareness Week; NSW passes remote witnessing; AML hearings

“Unlike paying to a BSB and account number, PayID gives the user the ability to confirm the name of the account holder before they transfer funds. So it is a much much safer way to make the payment.”

“services in Australia such as PayID, BPay and e-invoicing can ensure anyone that they’re paying the correct person, before they send their money”

“The Board is committed to maintaining highly supportive monetary conditions in order to achieve a return to full employment in Australia and inflation consistent with the target.”

“ultra-cheap longer-term fixed loans have already been disappearing as global markets noted rising inflation across most of the world and started betting that central banks will begin lifting interest rates earlier than previously thought”

69,000 customers have received hardship assistance since 8 July this year, including more than 27,000 home loan deferrals and more than 4,000 business loan deferrals.

The RBA will: maintain the cash rate target at 10 basis points; continue to purchase government securities at the rate of $4 billion a week until at least mid February 2022.

One in ten Australians regularly leave home without their wallet instead using their phone to pay for items, up from just four per cent in 2019.

“The assessment of climate risks has evolved considerably over the past five years, but there remains considerable scope for further improvement.”