Labor's tax stance targeted ahead of state election Federal and state opposition leaders have united in a call for clarification over the imposition of credit card payment bans. AAP · 18h ago
Inflation below forecast but still hot in New Zealand Inflation at 3.7 per cent means all eyes are on the Reserve Bank, which meets next week, to see if it will raise rates a week out from New Zealand's election. AAP · 20h ago
Australian shares creep higher despite RBA's tough talk The ASX shrugged off its earlier losses to finish modestly higher, even as analysts said the market was underestimating the odds of a November rate hike. AAP · Oct 21
Hard choices ahead for Reserve Bank: deputy governor Australia's low unemployment rate has been a great success, a top Reserve Bank official says, but it might need to go higher to get stubborn inflation down. AAP · Oct 21
Eyes on RBA for rate call hints as jobless numbers rise Higher-than-expected unemployment numbers have raised hopes the central bank will keep interest rates on hold when it next meets. AAP · Oct 18
The RBA keeps hiking interest rates – but are the rate rises actually working? With the cash rate at a 15-year high, consumer confidence has tanked – while household spending is still growing The Guardian - AU · Oct 13
RBI to continue efforts to curb rupee volatility; external factors driving currency fall: FM Finance Minister Nirmala Sitharaman mentioned the Reserve Bank of India’s ongoing efforts to stabilize the rupee's value. She noted that the rupee has significantly depreciated due to global uncertainties, despite India's strong economic fundamentals. Sitharaman highlighted recent measures by the RBI that helped the rupee appreciate temporarily in value. She… The Economic Times · Oct 13
More rate hikes loom as inflation tops rich nation list Australia's inflation rate is forecast to remain above the Reserve Bank's target range amid rising oil, tech and agricultural prices. AAP · Oct 13
Rent-tech platforms sidestepping credit card surcharge ban with new fees and paid ‘memberships’ Tenants encouraged to seek free options after online property platforms respond to Reserve Bank’s credit card payment reform The Guardian - AU · Oct 12
Labor and the Greens improve in Newspoll and Resolve and One Nation drops Two federal polls taken last week (Newspoll and Resolve) have gains for Labor and the Greens and drops for One Nation. The total One Nation and Coalition vote was 48% in both Newspoll and Resolve (down one in Newspoll and down three in Resolve). The Conversation · Oct 11
'Loud and clear': tax surcharge about-face defended The government has defended its position on changes to card surcharge payments, but the coalition says it's clear its counterparts don't understand business. AAP · Oct 11
PNB Housing sees 5-8 bps NIM gain from RBI rate hike, says CEO Ajai Shukla PNB Housing Finance anticipates a minor enhancement in net interest margin due to the Reserve Bank's recent rate hike. The lender's margin improvement is expected to be between 5 to 8 basis points and will benefit customers through cheaper loans. The company is also experiencing positive demand momentum in the… The Economic Times · Oct 11
Economists to pore over jobs data, Reserve Bank minutes Australia's labour market is expected to continue to soften, even though small businesses are hanging on to workers despite growing cost pressures. AAP · Oct 11
Businesses not buying positive spin on surcharge ban The Reserve Bank says small businesses are expected to benefit the most from its card surcharge reforms, but restaurant and cafe owners say they are losing out. AAP · Oct 9
The Conversation · Oct 9 Albanese government partially retreats on credit card issue after small business revolt The Albanese government has made a partial retreat on the controversial move by the Australian Taxation Office (ATO) to ban businesses from using credit cards to pay their tax bills.
The Economic Times · Oct 8 RBI's 29-day VRRR auction receives tepid response despite high surplus liquidity The Reserve Bank of India on Thursday executed a noteworthy 29-day variable rate reverse repo auction, attracting Rs 79,655 crore in bids, fully accepted at a 5.49 percent rate. This event contrasted sharply with the one-day VRRR auction, which invited bids totaling Rs 1,60,664 crore. Currently, the banking sector enjoys…
The Economic Times · Oct 8 GST Council meeting 2026: What may change as GST 2.0 takes aim at ITC, refunds, arrest powers and other reforms GST Council Meeting 2026: The GST Council, meeting in New Delhi, is expected to propose significant reforms for tax administration. One reform will address arrest powers for tax officers, requiring court orders for detentions. Input tax credits on certain business expenses may also be unblocked, which could benefit various industries.…
AAP · Oct 7 Ratings agency warns on record government spending The federal government and the Reserve Bank are pulling in opposite directions in the fight against inflation, ratings agency S&P says.
The Economic Times · Oct 7 RBI removes Paytm Payments Bank from list of scheduled banks In April this year, the Reserve Bank of India (RBI) had cancelled the banking licence issued to PPBL for non-compliance with norms, saying affairs of the bank were conducted in a manner detrimental to the interest of its depositors.
The Conversation · Oct 6 Counterfeit cash is at an 8-year high in Australia, new figures show. Here’s how to spot it Counterfeit banknotes are being detected in Australia this year at a rate not seen since June 2018, according to newly released data from the Reserve Bank of Australia.
The Conversation · Oct 6 Are you seeing new ‘service fees’ since the card surcharge ban? Here are the rules Since Australia’s card surcharge ban took effect on October 1, social media users have questioned new “service fees” and “daily surcharges” appearing on their bills. Some businesses have simply raised their prices.
AAP · Oct 6 Consumer confidence plunges to worst level since 1990s There's "no end in sight" for Australian consumers stuck in a "cost-of-living nightmare" as rising interest rates and fuel prices squeeze household budgets.
The Conversation · Oct 4 Albanese’s ratings slump in Redbridge poll after interest rate hike In a federal Redbridge poll, the total vote for One Nation and the Coalition has been steady since late August at 50%, but Anthony Albanese’s net favourability slumped ten points to a record low -27, possibly reflecting the Reserve Bank’s interest rate hike last Tuesday.
AAP · Oct 4 Auctions flop as home buyers digest rising rates Australia's auction clearance rates have dropped to nearly their lowest levels of the year as another interest rate rise eats into buyer budgets.
AAP · Oct 4 'Tight ship': public told to expect scant budget help Households are unlikely to receive significant cost-of-living help in the coming months as the government tries to curb high inflation and rising debt costs.