RBA Warns Of Buy Now, Pay Later Platform Risks
The buy now, pay later financial services have soared in popularity throughout recent years. But according to an internal Reserve Bank memo,... Read More
RBA Defends Proposed Cash Ban
A controversial bill to ban cash payments of $10,000 and impose a two-year jail sentence if violated is being widely scrutinised. The... Read More
Holiday Period Boosts Employment
Unemployment rates in Australia have dropped as the Christmas holiday period adds 40,000 jobs to the market. Data revealed by the Australian... Read More
Australians Feel Financially Worse Off
Australian’s are reportedly still feeling worse off despite consumer confidence rising by 0.3%. According to an ANZ survey reported by InsideRetail, optimism... Read More
September Unemployment 5.2%, Forecast To Climb
Australia’s unemployment rate has reportedly remained steady at 5.2% easing pressure on the Reserve Bank of Australia, though forecasts predict this reprieve... Read More
Oz Consumer Confidence Slips
Consumer confidence has reportedly slipped to a four year low as concern rises over the Reserve Banks decision to cut interest rates... Read More
August Unemployment 5.3% Despite Jobs Surge
Australia’s unemployment rate has exceeded economist expectations, notching 5.3% in August despite creating 34,700 new jobs – more than double the ~15,000... Read More
May Retail Sales Soft
Australian retail sales grew ever so slightly in May, with the expected (and then delivered) Reserve Bank interest rate cut being credited... Read More
Kmart Beat Costco, Amazon Customer Satisfaction
Wesfarmers-owned discount department store, Kmart, has beat Costco, Big W and Amazon Australia in customer satisfaction, as per latest Roy Morgan data.... Read More
Eftpos Protest: RBA Urged To Regulate Digital Wallets
The Reserve Bank should move to regulate the fast-growing “digital wallet” market, according to the Eftpos group, which describes itself as Australia’s... Read More