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The Latest Breaking News from Westpac

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Relief likely as Reserve Bank tipped to hold cash rate

The Reserve Bank is widely tipped to leave interest rates on hold for the first time this year despite inflation still being above target levels.

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KPMG loses contracts and leaders amid scandal over alleged confidential leaks. Here’s what you need to know

Consulting firm’s Australian arm shared secret client information internally in order to win lucrative audit contracts, a whistleblower has alleged

The Guardian - AU

Big bank changes RBA rate call as cost pressures ease

Slowing economic activity and softer price growth could convince the Reserve Bank to keep rates on hold, with inflation pressures weaker than initially feared.

AAP

Personal loans booming as cost of living drives Australians to borrow record amounts

National debt helpline calls have increased alongside growth in new personal loans, which charged an average 9% interest in March

The Guardian - AU

CMC Markets H2 Earnings Call Highlights

CMC Markets (LON:CMCX) said it delivered a stronger financial performance in fiscal 2026 as institutional and business-to-business activity continued to scale, while management outlined plans for further investment in retail growth, product expansion and major banking partnerships. Founder and CEO

MarketBeat

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FED:Aussies pay up as use of artificial intelligence surges

More than 150,000 Australians pay for a subscription to an AI service such as ChatGPT and Claude, a huge increase from three years ago.

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AAP

Aussies pay up as use of artificial intelligence surges

More than 150,000 Australians pay for a subscription to an AI service such as ChatGPT and Claude, a huge increase from three years ago.

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