RBA warns Australian banks not to backtrack on payments modernisation
The Reserve Bank of Australia has warned that it will be "duty bound" to use its regulatory powers should the nation's banks fail to deliver on promises to modernise the country's payments infrastructure.
RBA brains trust warns on Australia’s coronavirus exposure | Finance Report
RBA Governor warns the spread of the deadly coronavirus poses a significant risk to Australia’s economy.
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RBA issues warning on interest rate hikes
The Reserve Bank of Australia has issued a warning to shareholders and property investors, saying rising interest rates could trigger large falls in shares, property prices and the economy.
Inflation is increasingly coming from within Australia, RBA warns | ABC News
The head of the Reserve Bank, Philip Lowe, says inflation is increasingly coming from within Australia, thanks in part to power prices.
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But he doesn’t see a recession at this stage, even though many economists are worried.
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Reserve Bank of Australia Hikes Rates in Quickest Tightening on Record
The Reserve Bank of Australia delivered its first ever consecutive half-percentage point interest-rate hike as it joins global central banks in fighting inflation. The RBA took the cash rate to 1.35% — the highest since May 2019. Manus Cranny and Juliette Saly report on Bloomberg Television.