Surcharge fees scrapped in $1.6b consumer victory
Removing surcharge fees on card transactions will mean punters know what they owe a business before they head to the till, the Reserve Bank says.
The policies shaping our future
Removing surcharge fees on card transactions will mean punters know what they owe a business before they head to the till, the Reserve Bank says.
Australia could enter a recession, with the Reserve Bank raising interest rates a further three times, economists warn as fears of a protracted conflict mount.
Central bank watchers will get to peak into the Reserve Bank board room as minutes of a meeting that split 5-4 in favour of an interest rate hike are released.
The economy is expected to be hit with a savage inflation spike which will in turn increase the chances of more interest rate hikes.
Spillover from the Iran war and an uptick in risky lending to first-home buyers could threaten Australia's financial stability, the Reserve Bank warns.
With more than eight million residents to serve, NSW has had enough after it lost out again in a contentious GST carve-up of more than $100 billion.
A rise in unemployment and a surge in hiring point to conflicting impulses in Australia's labour market, but conditions remain relatively tight.
Parliamentary report has found CGT has seen the housing market lean more to investors than owners.
After three years of declining profits, Australian corporations returned to growth this reporting season, led by banks including CBA and NAB.
Economic data released this week will leave the Reserve Bank a little less concerned about underlying momentum in consumer demand, an economist says.