RBA Holds Interest Rate Steady at 4.10% in May Decision
The Reserve Bank of Australia held the official cash rate at 4.10% following its May board meeting, marking the sixthβ¦
ASX, business, banking, insurance, and currency news from Australia and beyond.
The Reserve Bank of Australia held the official cash rate at 4.10% following its May board meeting, marking the sixthβ¦
Australia's four largest banks β Commonwealth Bank, Westpac, NAB, and ANZ β have all announced increases to theirβ¦
The S&P/ASX 200 index surged to a new all-time high, breaching the previous record set in early 2025. The rally wasβ¦
The Australian dollar weakened to a multi-year low against the US dollar, falling below USD 0.65 for the first timeβ¦
Australian superannuation balances have grown by an average of 12% over the past financial year, driven by strongβ¦
Australia's housing market is showing clear signs of cooling, with auction clearance rates in Sydney and Melbourneβ¦
The US Justice Department is investigating Shawn Fain, the president of the United Auto Workers union. He is accused ofβ¦
Oil prices jumped 5% on Monday after Donald Trump reinstated a blockade on Iranian shipping in the Gulf. The US said itβ¦
A group of 12 US state attorneys general filed a lawsuit to block the $110 billion merger of Paramount Skydance andβ¦
US Senator Elizabeth Warren has written to JP Morgan CEO Jamie Dimon. She wants to know about the bank's contactβ¦
A 67-year-old with a $140,000 annual pension is asking whether they should wait until age 70 to claim Social Security.β¦
Federal Reserve official Christopher Waller said that a hot inflation report this week could lead to another interestβ¦