Interchange fees are the fees banks receive from retailers each time a card transaction is processed. The RBA estimates the ...
Banks and credit card companies are lobbying to convince the central bank to strike a compromise on plans to cut bank ...
The Reserve Bank of Australia is heading towards being the first central bank in the world to raise rates following a ...
Beneath the surface, household demand appears far more resilient than the RBA had anticipated. Consumer spending has surged ...
Fresh employment data has thrown a spanner in the works for the Reserve Bank that could keep the case for an interest rate hike in the coming months alive.
The central bank now faces a delicate balancing act. Two of the big four banks – NAB and CBA – are tipping a rate hike next ...
The Australian dollar surged to the highest level in years, making it one of the best performing currencies this year. What ...
A rate hike in February could cause “huge financial losses” for many Australians as a 0.25 per cent rise will result in ...
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