Latest News for: Australia banking

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A couple accused of spending $10.5M sent in error by Crypto.com on houses, a car, ...

Business Insider 03 Dec 2022
A couple are facing a trial in Australia on theft charges after they spent millions of dollars wrongly transferred to their bank account by Crypto.com ... The couple face sentences of up to 20 years each if found guilty of stealing the funds from Commonwealth Bank Australia.
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First Test day four LIVE: Labuschagne caught off a no-ball as Ponting addresses hospitalisation

Sydney Morning Herald 03 Dec 2022
Australia begin day four with a 344-run advantage and nine wickets in the bank after a day that swung momentum the way of the home side ....
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RBA to meet on Tuesday for final rate decision of the year

The Daily Telegraph Australia 03 Dec 2022
The Reserve Bank of Australia is meeting on Tuesday for its final rate decision of this year. Lower than expected inflation and retail sales data may signal a smaller rise than the 25-basis point consensus ....
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Inflation must be anchored: Lagarde

Taipei Times 02 Dec 2022
Central banks are facing their first test in a world of more variable inflation, Australia’s Philip Lowe told a summit in Thailand ... Reserve Bank of Australia Governor Philip Lowe said central banks are facing their first test in a new world of more variable inflation.
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Op-ed | Do away with expansion of the Durbin Amendment

Bronx Times 02 Dec 2022
The new routing mandates forced banks offering debit cards to add extra, unaffiliated payment networks to their cards, instead of just the networks they trust to process sensitive data ... We’ve even seen this before — in 2016, Australia’s Federal Reserve Bank implemented similar Durbin Amendment policies (a cap on credit card interchange fees).
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Take Five: Ready for that Santa rally?

FX Empire 02 Dec 2022
data will provide a reality check on the shifting nature of inflation while policy makers at Australia’s central bank and OPEC+ ministers are due to meet ... The Reserve Bank of Australia is as likely as not to leave rates right where they are on Tuesday, according to traders emboldened by signs of a peak in price pressures.
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RBA to raise rates another modest 25 basis points in December: Reuters Poll

Reuters 02 Dec 2022
BENGALURU, Dec 2 (Reuters) - The Reserve Bank of Australia will go for another modest 25 basis-point interest rate hike on Dec ... One of the last central banks to join a global tightening campaign and the first major one to shift down to smaller moves, it was expected to stick to that path over the coming months as inflation showed signs of cooling.
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RBA to raise rates another modest 25 basis points in December – Reuters poll

FX Empire 02 Dec 2022
BENGALURU (Reuters) – The Reserve Bank of Australia will go for another modest 25 basis-point interest rate hike on Dec ... One of the last central banks to join a global tightening campaign and the first major one to shift down to smaller moves, it was expected to stick to that path over the coming months as inflation showed signs of cooling.
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China’s central bank says focus is on growth

Taipei Times 02 Dec 2022
“Our focus is growth right now,” Yi said yesterday in a video speech given to a central bank conference in Bangkok ... European Central Bank President Christine Lagarde, Reserve Bank of Australia Governor Philip Lowe and Bank Indonesia Governor Perry Warjiyo attended the event.
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Global central banks extend rate hike push in November

Reuters 02 Dec 2022
Central banks overseeing six of the 10 most heavily traded currencies delivered 350 basis points (bps) of rate hikes between them last month ... Federal Reserve, the Bank of England, the Reserve Bank of Australia, Norway's Norges Bank, Sweden's Riksbank and the Reserve Bank of New Zealand all raised interest rates in November.
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Inflation may be peaking, but doubts emerge about its decline

Reuters 02 Dec 2022
NEW YORK, Dec 1 (Reuters) - With central banks ratcheting up their response to a global inflation shock, debate is shifting from when they'll win the war to whether faster rising prices are here to stay in a supply-constrained world ... The Reserve Bank of Australia will go for another modest 25 basis-point interest rate hike on Dec.
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AUD Drops As RBA Is Considering Forex Market Intervention

MENA FN 02 Dec 2022
(MENAFN - Daily Forex) Last week, the Australian Dollar went down by 3.59 percent against the US dollar, breaking a two-week gaining streak. The Reserve Bank of Australia deputy governor Guy ... .
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RBA Leaves Cash Rates At Historical Low

MENA FN 02 Dec 2022
(MENAFN - Daily Forex) Advertisement got a position to try? don't wait! trade aud/usd now The Reserve Bank of Australia announced its decision to keep the interest rates unchanged at 0.1 ... .
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Morning Bid: Financial conditionality

Reuters 02 Dec 2022
That would be the lowest since April this year, more than a full percentage point down from July's peak, and a sign that the Bank of Korea may soon end its rate-raising campaign ... The Reserve Bank of Australia will go for another modest 25 basis-point interest rate hike on Dec.
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IPO market nearly paused, but exchange leaders expect 2023 boost

Reuters 02 Dec 2022
... number of companies going public has slowed sharply this year as central banks have rushed to hike rates in an attempt to tame decades-high inflation, roiling markets in the process ... The Reserve Bank of Australia will go for another modest 25 basis-point interest rate hike on Dec.

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File - Europol building, The Hague, the Netherlands, is the headquarters of Europol, a European organization, in which national police forces cooperate, similar to Interpol.
Creative Commons / OSeveno https://creativecommons.org/licenses/by-sa/3.0/deed.en
Meeting between Prime Minister Sanna Marin and Chancellor Scholz on 16 March 2022
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