Tag: RBA

RBA increases cash rate for June

By CreditorWatch Chief Economist Anneke Thompson. Despite clear signs that the Australian economy is well and truly into its necessary slowdown, the Reserve Bank of Australia (RBA) today increased the cash rate further,...

May 2023 cash rate increased

By CreditorWatch Chief Economist Anneke Thompson. The Reserve Bank of Australia (RBA) continues to be concerned about services inflation, and has increased the cash rate further in order to strip more demand...

RBA rate pause provides relief to businesses

To the relief of Australians struggling with cost-of-living pressures, the Reserve Bank of Australia (RBA) decided to halt its record-breaking run of interest rate hikes, conceding to signs that both inflation and...

RBA cash rate update

By CreditorWatch Chief Economist Anneke Thompson. Despite clear signs that the brakes are being slammed on the Australian economy, the Reserve Bank of Australia (RBA) once again chose to increase the cash rate...

High transaction fees hurting retailers and consumers, NRA

The National Retail Association (NRA) is calling for action to cease unnecessarily high debit card transaction fees being passed on to consumers. In light of the Reserve Bank of Australia (RBA) releasing the...

Increase in interest rates ‘will be the end for many small businesses’

Retailers have accused the Reserve Bank of Australia Board of moving too quickly to increase interest rates on 7 June, saying the “heavy-handed” approach has not allowed time for last month’s increase...

Retailers back Treasurer’s call for RBA to support small business on debit fees

National Retail Association (NRA) has backed calls from Federal Treasurer Josh Frydenberg urging the RBA to support small business on debit card fees. The Federal Treasurer joined a chorus of business leaders to...

Petition for RBA to help save small businesses

Many Aussies have joined small businesses to call on the Reserve Bank of Australia to act on “crippling debit card transaction fees for both businesses and consumers”, 12,978 Aussies to be exact. That’s...
Advertisment

Most Popular