Latest News for: Australia banking

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Australia soon to be second in world for retirement savings as superannuation pool soars

RNZ 02 Apr 2025
In its recent Financial Stability Review - a bird's-eye look at the resilience and stability of Australia's financial system - the Reserve Bank of Australia called out the scale of super.
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Finance guru issues recession warning every Aussie needs to hear | Daily Mail Online

The Daily Mail 02 Apr 2025
Finance guru Mark Bouris has issued a stark warning that a US recession would have a butterfly effect on Australia's economy ... The businessman said that the impact could be 'messy', not only for the US but for global trading partners like Australia.
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Tim just wanted to withdraw money from his Westpac account... a recording of his tense ...

The Daily Mail 02 Apr 2025
However, Tim received a text message from the bank alerting him that the transfer had been blocked ... Tim added his experience highlighted the growing concern of the overreaching rules and regulations of banks particularly in Australia.
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FXSpotStream Hits Record $116.9 Billion Daily Volume in March 2025

Finance Magnates 02 Apr 2025
ANZ Bank Becomes 17th Liquidity Provider on FXSpotStream. In the meantime, Australia's ANZ Bank has established a new partnership with FXSpotStream, enhancing its FX liquidity offerings.
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Dollar firms as Trump tariff plan keeps traders on edge

Emirates 24/7 02 Apr 2025
"Markets are going to be jittery ahead of the announcement," said Carol Kong, a currency strategist at Commonwealth Bank of Australia ... Data on Tuesday showed U.S ... Bank of Japan Governor Kazuo Ueda meanwhile said on Wednesday that planned new U.S ... ....
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Australian central bank keeps key interest on hold at 4.1 pct

Xinhua 01 Apr 2025
SYDNEY, April 1 (Xinhua) -- Australia's central bank has kept its key interest rate on hold at 4.1 percent, matching economists' expectations. The monetary policy board of the Reserve Bank of Australia ...
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RBA holds interest rates at 4.1% as markets predict cut soon after May election

The Guardian 01 Apr 2025
Reserve Bank of Australia leaves cash rate unchanged amid hotly contested federal election campaignElection 2025 live updates.
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Australia's central bank holds rates as it frets over trade war risk

RTE 01 Apr 2025
Australia's central bank has today left its cash rate steady as widely expected but took a small step towards further easing in a policy meeting dominated by risks of a global trade war.
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Reserve Bank holds rates steady, cautious about the economic outlook

Beijing News 01 Apr 2025
The Reserve Bank of Australia left its benchmark interest rate unchanged at 4.1% today, stressing the uncertainty in the economic outlook ... Bullock said the central bank was assessing the potential ...
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Afternoon Update Election Edition: PM won’t bow to tariff threats; RBA holds rates; and campaign ...

AOL 01 Apr 2025
Speaking of finance, the Reserve Bank of Australia this afternoon left rates on hold at 4.1% in a widely anticipated decision that keeps the independent central bank on the sidelines amid a hotly contested election campaign.What they said.
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Australia holds OCR steady ahead of potential Trump tariffs - report

NewstalkZB 01 Apr 2025
Australia's Reserve Bank has kept its Official Cash Rate unchanged - as it waits for the impact of tariffs expected from ...
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Urgent Alert: Asian FX Braces for Impact as Trump Tariffs Loom Post-RBA Hold

Bitcoin World 01 Apr 2025
Why? The shadow of former US President Trump’s impending tariff hikes is casting a long shadow, just as the Reserve Bank of Australia (RBA) decided to hold steady on interest rates.
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Zodia Custody CFO Jonathan Hugh Left the Crypto Firm Earlier This Year

CoinDesk 01 Apr 2025
Zodia Custody's Chief Financial Officer, Jonathan Hugh, has departed the London-based firm earlier this year, the company said ... Zodia Custody is backed by Standard Chartered Bank (STAN), SBI Group, Northern Trust and National Australia Bank (NAB).
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Asia-Pacific markets set to open higher after key Wall Street indexes arise overnight

CNBC 01 Apr 2025
Australia's central bank is widely expected to stand pat on interest rates at 4.1% in its meeting later in the day as the country heads to the polls on May 3 ... .
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Stocks stabilise, gold hits record before Trump tariff reveal

The Jakarta Post 01 Apr 2025
A ... Meanwhile, the risk-sensitive Australian dollar was under pressure after a soft reading of local retail sales, ahead of a Reserve Bank of Australia policy decision later in the day ... .
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