The prudential regulator has held the extra capital buffers banks are required to hold for emergencies at zero while flagging the likelihood of a future change. The Australian Prudential Regulation Authority on Wednesday said setting […]
Consumer confidence slipped in December, a survey of households suggests, with pessimists continuing to outnumber optimists as concerns about job losses rose to a two and a half year high. The Westpac-Melbourne Institute consumer sentiment […]
Business confidence dipped amid flat conditions in November, according to a survey of Australian firms. National Australia Bank’s index of business conditions, compiled from a monthly survey of more than 500 companies, was unchanged at […]
Consumer confidence increased at the weekend, with an ANZ survey suggesting people are more optimistic about the Australian economy but less sure about the financial prospects for themselves and their families. The ANZ-Roy Morgan Australian […]
Reserve Bank governor Philip Lowe has called out Australia’s major banks for consistently charging customers more for international money transfers than their non-bank rivals. The RBA has found that the big banks’ average currency mark-up over […]
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