After a worse-than-expected monthly inflation reading, economists say an RBA rate hike in August is a very real prospect.
Reserve Bank of Australia
RBA
Reserve Bank governor Michele Bullock is the star player of Australia’s fight against inflation. But the ball might not be in her court.
Private debt, often funded by family offices, is rapidly growing and crucial in supporting property development in a tough market. Even big banks are supportive.
The central bank is widely expected to keep rates unchanged on Tuesday, but there's much less agreement on whether the next move will be a hike or a cut.
Official data don't support a BNPL growth story meanwhile investors - and BNPL providers - are increasingly looking beyond the specific, youth-oriented, product.
Anti-fraud measures and workplace productivity are among the most immediate use cases for AI in financial services — but human intelligence remains central.
Peter Tulip had spent his career in the public service. But in 2020, he up and left the Reserve Bank with a scathing exit speech.
Despite the struggles faced by pure play BNPL providers, the payment option looks like it will survive, boosted by popularity among younger people. But it's the established players who may benefit the most.
Australia's big banks have all raised wholesale funding in recent weeks in issues that were heavily oversubscribed. Analysts and debt market observers say it’s being driven by the same forces lifting their share prices.
Chief economist Sarah Hunter says she's still working through the impacts of the budget on inflation.
Many economists are sceptical of Jim Chalmers' claim that budget cost-of-living measures will put downward pressure on inflation, but others say it could work. Either way, it's a risky game to play.
The Reserve Bank has decided to stand still. But it's conscious the federal government is about to hand down its budget.
Many are undoubtedly doing it tough in the face of cost-of-living pressures, but ANZ CEO Shayne Elliott says it's less likely to be those with mortgages than others who can't access finance from banks.
Australia's banks are solid, with the economy resilient, bad debts under control and margin pressure easing. But investors are increasingly asking how these unexciting fundamentals support over-valued shares.
No one really knows how people are going to use their extra cash — and what it will mean for interest rates.
For those wanting rate cuts sooner rather than later, retail data this week is a glimmer of hope. But if rates are kept high for too long, economists think more businesses will go bust.
Travellers who used the real-time PayTo service will hope the troubled airline can manage refunds because, unlike with credit or debit cards, they can't fall back on a bank.
Today's surprise inflation figures have pushed back rate cut forecasts, with some economists now even saying another hike can't be ruled out.
Economists are waiting on fresh inflation figures next week but are already pushing back expectations on when the Reserve Bank will start to cut rates.
The central bank says the growing clout of private equity firms and their desire to take ASX companies private will reduce transparency and diversity on the local market.
It's rare to hear calls for more regulation and rarer for it to come from challengers to an industry. But both smaller banks and crypto traders want to hear more from the regulators.
This week's hot US inflation figures have pushed back the market's rate cut expectations in the world's biggest economy. But Australia is a different story.
From near death to high-staff turnover to creating billionaires, Airwallex is one of the highest-profile fintechs in the market. Now it's sponsoring an F1 team. And making no excuses for its culture.
The sun was shining on the markets this week. But should they be preparing for the possibility of floods?
In a historic move, the Bank of Japan today finally ended its negative interest rates policy. The RBA, meanwhile, kept rates on hold — and isn't expected to make its own move for many months yet.
The RBA is expected to keep rates steady this week, but markets pricing in near term cuts could be in for a white-knuckle ride as political and economic forces collide.
Driven by younger consumers, lower fees and debt aversion, debit cards have grown strongly for two decades, largely at the expense of traditional credit cards. But the shift seems to have halted.
The Australian economy may have posted smallest expansion on an annual basis this millennium, or possibly even since the 1990s downturn.
The Reserve Bank’s rate rise in November wasn't a surprise but for many it was an irritation. With inflation now slowing quicker than expected, debate is raging about whether the central bank has pushed too hard.