The RBA held the cash rate at 3.60% today, keeping monetary policy on pause for now. Markets had expected a hold, but traders and households still watched closely for guidance on future moves. The decision came with a press conference scheduled for 3:30 pm AEST, where Governor Michele Bullock answered questions about inflation and the…
The RBA Governor has stepped into a heated debate over card surcharges, clashing with critics who say banks and merchants set unfair fees. The dispute centers on whether surcharges for card payments are excessive and who should absorb those costs. The Governor framed the issue as one of consumer fairness and transparency, and the comments…
Australia’s financial scene is buzzing as the ASX edges higher ahead of the RBA rate decision, Star Entertainment confirms a deal for its Queen’s Wharf stake, and Westpac appoints Carolyn McCann to lead its consumer banking division. Each development carries its own weight, shaping markets, sentiment, and strategy. ASX Rises Ahead of RBA Rate Call…