Reserve Bank
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Small business set to benefit from revised Code of Banking Practice
Banks will need to give at least 10 days’ notice before making any materially adverse changes to small business customers’ terms and conditions, as pa... Read More -
RBA cuts cash rate to 3% as consumer spending stalls
The Reserve Bank has cut the cash rate by 25 basis points to 3%, admitting that while consumer spending is expected to grow, a return to “very strong ... Read More -
THE NEWS WRAP: RBA tipped to provide a pre-Christmas interest rate cut
The Reserve Bank of Australia has been widely tipped by economists to provide a pre-Christmas interest rate cut today, amid continued concerns about t... Read More -
Businesses tip higher profits, but conditions still patchy: Study
Businesses will end the year on a reasonably positive note, according to Dun Bradstreet’s latest National Business Expectations Survey, but the outlo... Read More -
Business conditions plummet to GFC levels: Report
Business conditions have fallen to their weakest level in more than three years, according to NAB’s Monthly Business Survey, which suggests a February... Read More -
No Cup day cut as interest rates hold at 3.25%
The Reserve Bank has confounded expectations by leaving the cash rate unchanged at 3.25%, despite widespread predictions of a 25 basis point cut, and ... Read More -
Reserve Bank cuts cash rate to 3.25% as 2013 outlook weakens
The Reserve Bank has lowered the official interest rate by 25 basis points, admitting the growth outlook for next year looks “a little weaker” on the ... Read More -
Interest rates left on hold for third straight month
Interest rates have remained on hold for the third consecutive month, with the Reserve Bank board attributing the decision to “quite firm” consumption... Read More -
Eftpos hits out at Visa, Mastercard over payment processing
Eftpos Australia has applauded a move by the RBA Payments System Board, which has raised concerns about multi-network debit cards, and is calling for ... Read More -
RBA keeps rates on hold, says growth is "close to trend"
The official interest rate has remained unchanged at 3.5%, in line with economists’ expectations, with the Reserve Bank saying most indicators suggest... Read More
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