Australia’s central bank exploring how AI can affect economy, governor says
SYDNEY (Reuters) -Australia’s central bank is exploring how emerging technologies like artificial intelligence could influence the economy, with…
Home prices keep rising in ‘seller’s market’ as new property listings below average
Australian property prices have pushed higher again in August, as lower interest rates, rising real wages and buyer…
With RBA in their corner, investors are treating shares and property as sure bets — and that’s risky
Asset prices are now regularly soaring to new heights. To be clear, this is not normal. Asset prices,…
Aussie ‘Big four’ banks cut home loan rates following RBA move
(Reuters) -Commonwealth Bank of Australia, the country’s largest lender, and National Australia Bank, the second-biggest, cut their standard…
Australia cuts interest rates, signals more to come as inflation slows
In this file photo dated Nov 7, 2023, people walk out of the Reserve Bank building in the…
Analysis-RBA’s new policy board comes with added unpredictability
By Wayne Cole SYDNEY (Reuters) -Australia’s central bank has a problem communicating that has injected an element of…
Commonwealth Bank exposes ‘critical’ detail needed for August RBA interest rate cut
RBA governor Michele Bullock might have enough data to grant another interest rate cut if quarterly inflation data…
Unemployment rate rises to 4.3pc in June
Australia’s unemployment rate rose to 4.3 per cent in June, up from 4.1 per cent in May, after…
Another economist warns about intergenerational wealth in Australia
Why are more economists talking about Australia’s intergenerational wealth challenges? Guy Debelle, a former Reserve Bank deputy governor,…
Reserve Bank of Australia plans wholesale CBDC trials on public and private DLTs – Ledger Insights
Project Acacia is an Australian initiative to support the settlement of tokenized transactions using stablecoins, tokenized deposits or…
Australia, NZ dollars start big central bank week on back foot as tariff uncertainty mounts
SYDNEY, July 7 (Reuters) – The Australian and New Zealand dollars started a big central bank week on…
Erratic Donald Trump is dark cloud on horizon for Michele Bullock as RBA considers interest rates
A ray of sunshine? Green shoots? You’d like to think that after weathering years of economic storms, surely…