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Reserve Bank of Australia Cuts Rates

RBA issues shock warning of a poorer Australia as it cuts rates

The central bank warned the economy was incapable of growing faster than 2 per cent per year in a reality check before Treasurer Jim Chalmers’ roundtable.

news.com.au on MSN · 1d

Major banks move to slash interest rates on home loans and savings accounts after RBA cut

Australia’s big four banks were quick to announce they were passing on the rate cut in full, but keen observers could be sceptical of one key detail.

The Wall Street Journal on MSN · 3d

Reserve Bank of Australia Cuts Rates and Points to Further Easing

The Reserve Bank of Australia delivered its third interest rate cut since the start of the year, responding to evidence that inflation has cooled and new forecasts showing that it is likely to remain contained.

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With RBA in their corner, investors are treating shares and property as sure bets — and that's risky

With the Reserve Bank in their corner promising to ensure market stability, are investors playing with the very concept of risk?

Australia’s Falling Competition Cost $2,000 a Person, RBA Finds

A decline in business competition in Australia from the mid-2000s to the Covid-19 pandemic has hurt productivity and ...

8don MSN

RBA set to cut rates 25 bps to 3.60% on August 12, one more cut likely this year: Reuters poll

The Reserve Bank of Australia will cut its cash rate by 25 basis points to 3.60% on August 12, according to economists polled ...

The Business Times1d

RBA says decline in competition costs Australians A$3,000 per person

SYDNEY] A decline in business competition in Australia from the mid-2000s to the Covid-19 pandemic has hurt productivity and household incomes, according to new analysis by the Australia central bank.

Sydney startup Pyng pushes fee-free QR payments as RBA moves to scrap surcharges - but experts warn of hidden risks

An Australian start-up is launching fee-free QR payments to help shoppers avoid the cost of paying by debit or credit card – ...

1don MSN

Living standards smashed on a lack of business competition: RBA

Australians are $3000 a person worse off as a lack of competition among businesses adds to the country’s productivity woes.

More RBA cuts are coming, but will they be enough for the ASX?

The ASX 300 is now only slightly less expensive than it was back in 2021, when global rates were around zero and governments ...

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