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A service for political professionals · Monday, December 2, 2024 · 765,587,434 Articles · 3+ Million Readers
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Reserve Bank of Australia News Monitoring

  • Published on 02:30 GMT

    Australia's central bank says risks from non-bank lenders limited

    SYDNEY (Reuters) - Australia's central bank said on Monday that risks from non-bank lenders in securitisation are limited as the labour market remained resilient, supporting households and businesses, and the size of the sector remains small overall. …

    Source: Yahoo Finance - Label Pending
  • Published on Nov 28, 2024

    Reserve Bank of Australia to undergo biggest overhaul

    The Reserve Bank of Australia will undergo its biggest overhaul in decades after Labor struck a deal with the Greens to split the bank into separate committees. Governor Michelle Bullock told a Sydney function last night the bank has already become more …

    Source: The Geelong Advertiser - Center-right
  • Published on 15:07 GMT

    Weekly Digest: GIC takes Brisbane Airport stake; Kansas exits China assets

    TOP NEWS OF THE WEEK Singapore's sovereign wealth fund GIC has allegedly acquired a 5% stake in Brisbane Airport from an Igneo Infrastructure Partners client. The deal, reportedly closed in August 2024, coincides with Brisbane Airport's reported …

    Source: Asian Investor - Neutral
  • Published on 15:22 GMT

    Australia's retail sales firm for 3 months as consumer mood brightens

    Representative imageAustralian retail sales firmed for a third straight month in October as tax cuts flowed through to wage packets and consumers became more confident that interest rates would not increase again, although policy easing still looked …

    Source: ET Brand Equity - Center-right
  • Published on 21:20 GMT

    Trump’s tariff wrecking ball about to hit the global economy

    Tariffs imposed by the Trump administration will change economic conditions in Australia and around the world, writes Stephen Koukoulas. POLICYMAKERS IN AUSTRALIA are getting a clear picture of the economic policy changes that the new Trump administration …

    Source: Independent Australia - Left-wing
  • Published on 14:49 GMT

    AUD/USD: Australian Retail Sales Jump but Aussie Dips

    The Australian dollar is in negative territory on Monday. In the European session, AUD/USD is trading at 0.6491, down 0.26% on the day. Australia’s Retail Sales Rise to 0.6% Australian events started the week on a strong note, as retail sales were …

    Source: Investing - Neutral
  • Published on 14:49 GMT

    AUD/USD Stabilizes Amid US Dollar Pressures and Domestic Economic Strength

    On Monday, the AUD/USD pair remains stable around the 0.6450 mark. After benefiting from the US dollar's weakness during the extended US holiday weekend, the currency pair faced new pressures following remarks by US President-elect Donald Trump. …

    Source: Investing - Neutral
  • Published on 20:48 GMT

    Top economists accusing RBA of misjudging impact of jobs market

    Top economists believe the Reserve Bank of Australia is misjudging the impact of the jobs market on inflation. The RBA estimates unemployment needs to remain at 4.5 per cent to keep inflation stable. The Federal Treasury suggests the safe rate is closer to …

    Source: The Geelong Advertiser - Center-right
  • Published on 11:34 GMT

    Australian retail sales jump but Aussie dips

    The Australian dollar is in negative territory on Monday. In the European session, AUD/USD is trading at 0.6491, down 0.26% on the day. Australia’s retail sales rise to 0.6% Australian events started the week on a strong note, as retail sales were …

    Source: OANDA Market Pulse - Neutral
  • Published on 07:50 GMT

    Markets look ahead: French political risk and US jobs data in focus

    Market participants will continue to watch the development of the French government crisis and key economic data from major economies this week. The financial markets saw some reversal trends in currencies last week, with the US dollar weakening following …

    Source: Euronews - Neutral
  • Published on 05:50 GMT

    Industry bodies applaud home ownership inquiry recommendations

    Peak real estate bodies have welcomed the Senate’s recommendations to improve financial regulation for first home buyers but have stressed that further reforms are needed to “truly address the declining rates of home ownership”. In its final report into …

    Source: Real Estate Business - Label Pending
  • Published on 05:13 GMT

    Australia October retail sales beat forecasts on higher discretionary spending

    Investing.com-- Australian retail sales climbed more than expected in October, recording third consecutive month of rise, as consumer spending was boosted ahead of the Black Friday sales with retailers offering early discounts. Retail sales rose 0.6% month …

    Source: Investing - Neutral
  • Published on 02:42 GMT

    Australian stocks face turbulence as economic surprises slow - Macquarie

    Investing.com-- Australian shares may face a slowdown in returns as a key economic indicator, known as the surprise cycle, appears to have peaked, according to Macquarie. The cycle measures how much economic data beats or falls short of expectations, and …

    Source: Investing - Neutral
  • Published on 01:16 GMT

    Australia's retail sales growth picks up pace amid early discounting

    SYDNEY (Reuters) - Australian retail sales rose by more than expected in October as tax cuts flowed through to wage packets and consumers became more confident that interest rates would not increase again, although monetary easing still looked distant. …

    Source: Yahoo Finance - Label Pending
  • Published on 00:57 GMT

    Watch out Sydney: Almost $900k to buy a home in Brisbane

    The home price gap is closing between Sydney and Brisbane, with new figures showing only $244,000 stands between the Queensland capital and its southern rival. Brisbane’s median home price hit a new record high in November, rising another 0.28 per cent of …

    Source: realestate.com.au - Label Pending
  • Published on 00:47 GMT

    Albanese explains why Aussies are poorer

    Prime Minister Albanese has cited the timing of inflationary pressures as the reasons Aussies are poorer than their counterparts around the world. On Sunday, the Prime Minister appeared on ABC’s Insiders program and was quizzed by host David Speers on …

    Source: The Geelong Advertiser - Center-right
  • Published on Dec 1, 2024

    Competition reforms could add $45bn to GDP… if implemented properly

    Jim Chalmers’ long-awaited report on the modelling of proposed competition reforms, commissioned in March, has been released by the PC. Treasurer Jim Chalmers. (AAP Image/Lukas Coch) The Productivity Commission has issued a broadly optimistic …

    Source: The Mandarin - Label Pending
  • Published on Dec 1, 2024

    $100k+ hike: How much more your home loan costs you

    4 Longford Crescent, Ferryden Park is listed for sale. Aussie homeowners may have to spend an extra $107,500 on their mortgage after interest rates hikes in the past year. New research from Money.com.au revealed mortgagees will pay an additional $3586 a …

    Source: The Geelong Advertiser - Center-right
  • Published on Dec 1, 2024

    New plan to cut $3 billion from card and mobile payment fees

    Facebook LinkedIn The Independent Payments Forum (IPF) has announced a plan to cut $3 billion in card and mobile payment fees from the Australian economy. Later this month, IPF will submit a proposal to the Reserve Bank of Australia to slash all the major …

    Source: Convenience & Impulse Retailing - Label Pending

30 days 12:00:23

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