Archive for the ‘Reserve Bank of Australia’ Category

Australians Sleepwalking Into a Financial Disaster: Expert

A survey commissioned by the Financial Brokers Association of Australia (FBAA) revealed that three-quarters of Australians believe that a one percentage point rise in interest rates would put pressure on their financial situation. “Many Australians are clearly on the brink and are sleepwalking into disaster, living in the false hope that rates will stay this […]

Employment in Australia Now Exceeds Pre-COVID Levels

Reserve Bank of Australia (RBA) has forecasted that Australia will reach full employment in two years following better than expected unemployment figures and 12-year high levels of job ads. In today’s board meeting, the RBA upgraded its economic forecast while keeping the cash rate at near zero percent—which will remain at current levels until “2024 at […]

Reserve Bank of Australia – corruption and bribery

Reserve Bank of Australia – Securency International Pty Ltd The Greens are calling for the Reserve Bank governor to appear before a Senate committee to answer bribery allegations made against a company half-owned by the RBA. Tonight’s Four Corners program airs the corruption allegations against Securency, a company set up to sell Australia’s polymer banknote […]

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