Australia To Ban Surcharges On Card Payments From October SYDNEY, March 31 (Bernama-Xinhua) — Australia’s central bank on Tuesday announced that surcharges on credit and debit card payments on major networks will be banned from October, Xinhua reported. The Reserve Bank of Australia (RBA) said that a review of card payment costs and surcharging concluded that removing surcharges, reducing interchange fees and increasing transparency would be in the public interest and promote competition. It said that the payment system reforms will take effect from October 1 and will save consumers A$1.6 billion Australian dollars (US$1.1 billion) in surcharge fees per year and businesses A$910 million (US$622.4 million) annually in […]

Australia To Ban Surcharges On Card Payments From October #Australia #CardPayments #SurchargeBan #FinanceNews #ReserveBankOfAustralia

So increasing interest rates puts more money in the pockets of the wealthy (who are spending all the money) and hits mortgaged home-owners and flows on to renters.

The RBA is a one-trick pony. Where is the balancing fiscal policy to fine-tune this mess?
#AusPol
#ReserveBankofAustralia

Reserve Bank of Australia verhoogt rente nu inflatie hoogste niveau in zes kwartalen bereikt Key takeaways De Reserve Bank of Australia (RBA) kondigde zoals verwacht haar eerste renteverhoging sinds eind 2023 aan. De beleidsrente steeg met 25 basispunten tot 3,85 procent, een maatregel die is ingegeven door de inflatie die het hoogste punt in zes kwartalen bereikte. Redenen voor de renteverhoging Alle leden van de raad van bestuur van […]

Reserve Bank of Australia verhoogt rente nu inflatie hoogste niveau in zes kwartalen bereikt #Renteverhoging #Inflatie #ReserveBankOfAustralia #EconomischeGroei #FinancieelNieuws

RBA Raises Rates to 3.85% as Inflation Climbs to 3.8% Trimmed mean inflation hit 3.3 per cent, still above the 2-3 per cent target. The post RBA Raises Rates to 3.85% as Inflation Climbs to 3.8% first appeared on VibeWire Magazine.

RBA Raises Rates to 3.85% as Inflation Climbs to 3.8% #Australia #BreakingNews #Canberra #ReserveBankofAustralia

Reserve Bank of Australia verlaagt rente naar 3,6 procent Key takeaways De Reserve Bank of Australia (RBA) heeft een verlaging met 25 basispunten van haar benchmarkrente aangekondigd naar 3,6 procent, het laagste niveau sinds april 2023. Dit besluit is in overeenstemming met de marktverwachtingen en ging gepaard met een neerwaartse bijstelling van de economische groeiprognoses van het land voor dit jaar. Zwakke overheidsvraag drukt […]

Reserve Bank of Australia verlaagt rente naar 3,6 procent #Renteverlaging #ReserveBankOfAustralia #Economie #Inflatie #Groeiprognose

Australia preliminary July 2025 manufacturing PMI 51.6 (prior 50.6) * Australia S&P Global July flash services PMI at 53.8 (vs 51.8 in June) * Australia S&P Global July flash manufacturing PMI at 51.6 (vs 50.6 in June) * Composite 53.6 (prior 51.6) All three moving further into expansion, solid results indeed. And you lot want a Reserve Bank of Australia rate cut? ;-) ps, Reserve Bank of Australia Governor Bullock is speaking later today: * 1.05pm Sydney time * 0305 GMT * 2305 US Eastern time Topic is "The RBA’s Dual Mandate - Inflation and Employment". This article was written by Eamonn Sheridan at investinglive.com.

| etsy.me/3RHihSQ | ctrendfx.com #Australia #ManufacturingPMI #EconomicGrowth #ReserveBankOfAustralia #Inflation

Australische werkloosheid bereikt hoogste punt in 4 jaar Key takeaways Australische werkloosheid stijgt Het Australische werkloosheidscijfer bereikte in juni onverwacht het hoogste niveau in vier jaar en kwam uit op 4,3 procent. De stijging, die hoger is dan de prognoses van 4,1 procent, wijst op een verzwakkende arbeidsmarkt en versterkt de argumenten voor een renteverlaging door de Reserve Bank of Australia (RBA) volgende […]

Australische werkloosheid bereikt hoogste punt in 4 jaar #AustralischeEconomy #Werkloosheid #ReserveBankOfAustralia #Renteverlaging #Arbeidsmarkt

Reserve Bank of Australia expected to cut its cash rate on Tuesday - why they might not Markets widely expect the Reserve Bank of Australia to cut its cash rate on Tuesday * Reuters poll: 31 of 37 economists expect cut to RBA cash rate by 25bp The statement from the Reserve Bank of Australia is due on July 8 at 2.30pm Sydney time: * 0430 GMT * 1230 US Eastern time As you can see, while it's a widely shared expectation, not all analysts are convinced. Bank of America analysts argues that the RBA is likely to hold steady, pointing to underlying inflation pressures that remain uncomfortably high: * specifically, the trimmed mean inflation gauge—a key measure closely watched by the central bank—is projected to exceed the 2.5% midpoint target in the upcoming quarterly data due at the end of July * at the same time, the unemployment rate is expected to remain below the RBA’s 4.2% estimate, highlighting ongoing labour market tightness. * adding to the concern, the analyst noted that unit labour costs remain elevated, driven by persistently weak productivity growth. This dynamic poses upside risks to inflation, even as headline price pressures ease. Against this backdrop, the case for a rate cut becomes less clear-cut, with lingering inflation risks potentially giving the RBA reason to pause and reassess before loosening policy. ps. I'm expecting a 25bp rate cut This article was written by Eamonn Sheridan at www.forexlive.com.

| etsy.me/3RHihSQ | ctrendfx.com #RBA #ReserveBankOfAustralia #CashRate #InterestRates #Economics

Australische centrale bank verlaagt rente naar historisch dieptepunt uit vrees voor inflatie en economische onzekerheid Key takeaways De centrale bank van Australië heeft haar officiële geldrente met een kwart procentpunt verlaagd naar 3,85 procent, het laagste niveau in twee jaar. Dit besluit, dinsdag genomen door het bestuur van de Reserve Bank of Australia (RBA), onderstreept de prioriteit van het handhaven van een stabiele en lage inflatie. Dit is de tweede […]

Australische centrale bank verlaagt rente naar historisch dieptepunt uit vrees voor inflatie en economische onzekerheid #inflatie #renteverlaging #ReserveBankofAustralia #economischeonzekerheid #Australië

La banque centrale australienne abaisse son taux directeur à un niveau historiquement bas par crainte de l’inflation et de l’incertitude économique Principaux renseignements La banque centrale australienne a réduit son taux d’intérêt officiel d’un quart de point de pourcentage pour le porter à 3,85 pour cent, soit le niveau le plus bas depuis deux ans. Cette décision, prise par le conseil d’administration de la Reserve Bank of Australia (RBA) mardi, souligne la priorité accordée au maintien […]

La banque centrale australienne abaisse son taux directeur à un niveau historiquement bas par crainte de l’inflation et de l’incertitude économique #BanqueCentrale #ReserveBankofAustralia #TauxDInteret #Inflation #Economie

RBA in Australia reduces cash rate by 0.25% This is very welcome relief for millions of Australians. The post RBA in Australia reduces cash rate by 0.25% first appeared on VibeWire Magazine.

#Australia #BreakingNews #CashRate #ReserveBankofAustralia

Reserve Bank of Australia houdt de geldmarktrente stabiel terwijl de inflatie afneemt Key takeaways Huidige economische omstandigheden De Reserve Bank of Australia (RBA) heeft besloten om de huidige geldrente te handhaven op 4,10 procent. Deze beslissing weerspiegelt een voorzichtige aanpak aangezien de onderliggende inflatie blijft afnemen, wat in lijn is met recente voorspellingen. Hoewel de daling van de inflatie bemoedigend is, blijft de RBA zich inzetten voor […]

Reserve Bank of Australia houdt de geldmarktrente stabiel terwijl de inflatie afneemt #ReserveBankOfAustralia #geldmarktrente #inflatie #economie #monetairBeleid

Westpac sees April RBA meeting as ‘dead rubber’, still eyes May rate cut Westpac economists are confident the Reserve Bank of Australia will leave the cash rate unchanged at its next policy meeting on 1 April, describing the gathering as a “dead rubber” in the context of the broader monetary policy outlook. While the bank maintains its call for a rate cut in May, it argues that consecutive moves in February and April were never likely—particularly given the hawkish tone the RBA struck at its last meeting. “The Board made it clear that February’s cut was not a signal of more to come,” Westpac noted, adding that a follow-up move in April would risk undermining the RBA’s credibility. Recent data has largely aligned with or come in slightly softer than the central bank’s own forecasts. The monthly inflation indicator suggests underlying, or trimmed mean, inflation remains at or below the RBA’s expectations. Meanwhile, the federal government’s decision to extend electricity rebates by six months is expected to delay any rebound in headline CPI. However, Westpac expects the RBA to look through this and remain focused on core inflation measures. Other fiscal measures unveiled in recent weeks—including tax and spending initiatives—are seen as too modest to materially alter the central bank’s view, despite some short-term shifts in market pricing. Looking ahead to May, Westpac says inflation data will once again take centre stage. “So much hinges on whether trimmed mean inflation prints at 2.7% or 2.5% in the March quarter,” the bank said, noting that even a small downside surprise could solidify its expectation for a further easing cycle to begin in May. *** The Statement from the RBA on April 1 will be at 2.30 pm Sydney time * 0330 GMT * 2330 US Eastern time Reserve Bank of Australia Governor Bullock will follow up an hour later with her news conference. This article was written by Eamonn Sheridan at www.forexlive.com.

| ctrendfx.com | bit.ly/CTrendFX1 #RBA #ReserveBankOfAustralia #InterestRates #MonetaryPolicy #Westpac

#RoyMorgan (@RoyMorganAus):
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#ALP takes lead on two-party preferred after #ReserveBank cuts interest rates:

#ALP 51% cf.
#LNP 49%.

#auspol #RBA #InterestRates #ReserveBankOfAustralia #Albo #Labor #Coalition #2PP #AnthonyAlbanese #Poll #Albanese #PeterDutton #VoteTheDickOutOfDickson #Dutton

The Reserve Bank is due to meet again next week to make a decision on the cash rate. Now's the time to be prepared #reservebankofaustralia #inflation

Cut the damn rates, already!! #ReserveBankofAustralia
#auspol