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17 May 2022 • By Maja Garaca Djurdjevic • 1 min read
The RBA considered a 40-basis point rate hike at its May meeting. The Reserve Bank of Australia (RBA) considered three options for the size of the ...
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The RBA expects higher labour costs in response to a tight labour market to become the primary driver of inflation. The Reserve Bank of Australia ...
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The Federal Reserve has confirmed the news in a statement. The Fed has raised its benchmark interest rate by 0.5 per cent in a bid to fight ...
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Tuesday’s rate hike has been perceived as a show of the RBA’s independence. As a result of inflation levels not seen since the introduction of the ...
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Economists are hurriedly revising their rates forecasts as Wednesday’s inflation data shatters the theory that inflation is purely temporary
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“The RBA should and likely will raise interest rates next week by 15 bps,” an economist with BetaShares has said. Given heightened global supply ...
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The big four bank has responded to the penalty handed down last week. On Friday, 22 April, Westpac was ordered to pay penalties in the amount of ...
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Westpac has been ordered to pay penalties in the amount of $113 million for widespread compliance failures across multiple businesses, including ...
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Westpac expects the RBA to lift the cash rate by 40 basis points on 7 June. As a result of an expected “substantial” lift in annual underlying ...
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Banks have received a letter from APRA instructing them on the regulator’s expectations around crypto-assets. The prudential regulator has issued a ...
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