RBA stories
Residential builders face rising defaults and insolvencies as Australia's AUD $150 billion data centre pipeline squeezes labour and materials.
Businesses using credit cards are losing insurance, longer grace periods and reward value as major lenders trim perks amid card reforms.
Shoppers will soon see a simpler checkout, as businesses across Australia must stop adding fees to eftpos, Mastercard and Visa card payments from 1 October.
Rising fuel and borrowing costs are squeezing Australian households and firms, bolstering expectations the Reserve Bank may lift rates again in September.
Rising listings and longer selling times are deepening the downturn, with vendor discounts widening as buyers retreat from Australia's housing market.
Data centre demand is keeping Australian builders busy and may prolong labour and materials shortages even as home approvals start to ease.
Higher household spending and stubborn inflation have strengthened the case for the Reserve Bank of Australia to lift rates again in September.
Higher borrowing costs loom for Australian households after July's trimmed mean inflation reading came in well above the Reserve Bank's target path.
The slight lift to 4.5% in July was mostly rounding, with labour demand still holding up enough to avoid signalling a broad slowdown.
Institutional clients in more than 100 countries can now trade an Australian dollar stablecoin as Macropod broadens AUDM beyond retail venues.
Higher costs and weaker consumer spending have pushed Australia's hospitality sector into its worst strain in years, with arrears at record highs.
Persistent inflation and weak household finances leave the Reserve Bank of Australia facing another possible rate rise before year-end.
Softer core inflation has given households and businesses a reprieve, but the RBA says housing and wage pressures still threaten progress.
Higher borrowing costs for households and businesses may be back by November as inflation risks remain tilted to the upside, CreditorWatch says.
Fintech leaders, regulators and investors will gather in Melbourne as the sector seeks clearer policy settings to unlock growth and funding.
Businesses may see credit card rewards shrink as the Reserve Bank of Australia's surcharge ban and lower fees prompt banks to trim offers.
Australian borrowers can now access AUD loans against crypto holdings without selling, as a licensed platform moves digital assets into mainstream credit.
Rising unemployment and softer hiring demand may keep the Reserve Bank of Australia cautious as it weighs the labour market outlook.
Households and firms face renewed pressure, as mixed survey data point to the Reserve Bank of Australia staying tight and possibly lifting rates again.
Businesses could still face costly disruption unless Australia turns its account-to-account payments blueprint into systems people can actually use.
