RBA - The Reserve Bank of Australia
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Micro business focus helps extend Westpac lead over rivals: DBM
Westpac has extended its lead on the other major banks due to improved ratings in the micro business market, according to the latest DBM Business Fina... Read More -
Consumers swap spending from stores to entertainment: Report
Australian consumers are shifting their dollars from retail to experience-based activities, with the amusement and entertainment category recording th... Read More -
Business conditions continue downward trend
Business conditions deteriorated sharply in May, according to the latest NAB survey, while non-mining sectors such as retail and manufacturing continu... Read More -
Unemployment rate unchanged but 22,000 jobs lost
The unemployment rate has remained steady at 4.9% despite 22,000 full-time jobs being lost in May, according to the latest figures from the Australian... Read More -
Credit card surcharge gauging could hurt, experts say
Industry groups have criticised a plan by the Reserve Bank to cap surcharge fees on credit card transactions, claiming the move would unfairly target ... Read More -
THE NEWS WRAP: Credit card gouging on RBA’s agenda
The Reserve Bank is prepared to cap surcharges on credit card transactions to prevent merchants from gouging customers through excessive fees, in a mo... Read More -
Rates remain on hold but reprieve tipped to be short-lived
Interest rates have remained on hold for another month, but economists say the reprieve is likely to be short-lived after the Reserve Bank warned the ... Read More -
Job ads drop in May as inflation pressures remain
Job advertisements fell for the second straight month in May, making it the first time the economy has seen two consecutive months of negative job ads... Read More -
GDP suffers biggest quarterly contraction in 20 years
The Australian economy has suffered its biggest quarterly contraction in 20 years, with gross domestic product falling 1.2% in the March quarter, acco... Read More -
Consumer spending hurt by falling house prices
Retailers should expect weak trading conditions to continue due an unsteady property market, according to a new report. Read More