Tag
#Reserve Bank of Australia
Banking
Cash hoarding keeps banknote demand high as card use grows
Cash hoarding helps explain why banknote demand stays high even as card payments grow, exposing shadow-economy use and crisis saving.
By Sloane Carrington
Economy
Australia core inflation hits 3.6% as RBA pressure builds
Australia core inflation accelerated to 3.6% in May while headline CPI eased to 4.0%, keeping the RBA under hawkish pressure.
By Helena Brandt
Markets
ASX shares near decade low as cost blowout resets value
ASX shares near a decade low after cost guidance and broker downgrades turned its technology rebuild into a valuation test.
By Sloane Carrington
Banking
Asia-Pacific banks raise Iran war provisions as $180B credit risk looms
Asia-Pacific banks have set aside $3.8 billion in combined war-related provisions as the Iran conflict's oil shock and trade disruption begin flowing into corporate and consumer credit risk. S&P warns a prolonged conflict could drive $180 billion in additional credit losses.
By Naomi Voss
