Australia's central bank held its benchmark interest rate at 4.35% for the eighth meeting in a row. The Reserve Bank of Australia wrote in its statement that "inflation has fallen substantially since ...

The review of the Reserve Bank of Australia, which has been criticized for responding too slowly to worsening price pressures, could lead to a change in the way the bank communicates with markets.

At least six big Australian banks have taken the same action — a trend one industry executive says is stripping Aussies of their “financial rights” to participate in the digital economy. The ...

The Reserve Bank of Australia (RBA) will explore the development of wholesale tokenized asset markets alongside an array of industry participants. "Project Acacia" will use stablecoins, pilot ...

(Reuters) -Commonwealth Bank of Australia (CBA) reported a 6% rise in third-quarter cash earnings on Wednesday, helped by growth in lending volumes and higher trading income, and said its margins were ...

In this article, we will look into the 20 biggest financial and banking companies in Australia in 2024. If you want to skip our detailed analysis, you can go directly to the 5 Biggest Financial and ...

Net interest margin compression and an increase in operating costs are expected to be a drag on NABZY's future earnings. National Australia Bank trades at a hefty premium to book value, which doesn't ...

Financial phishing scams, a prevalent form of bank scams in Australia, have plagued Australians for years, leading to significant financial and emotional distress. With the increasing reliance on ...

Hello, and welcome to the Commonwealth Bank of Australia's results briefing for the full year ended 30 June 2025. I'm Melanie Kirk, and I'm Head of Investor Relations. Thank you for joining us. For ...

SYDNEY—Australia’s central bank kept interest rates steady on Tuesday, deepening a split with global counterparts including the Federal Reserve that are loosening policy as they grow increasingly ...

SYDNEY, March 31 (Reuters) - Australia's central bank board felt monetary policy needed to be restrictive when it decided to raise rates earlier this month in a split decision, ‌although it was ready ...