Bank of Australia stories - Page 3

A report finds claims of rapid US 'de-dollarisation' exaggerated, warning Australia faces risks due to heavy reliance on the US dollar amid biased global media.

Research reveals Australian consumers prefer human customer service, with only 28% comfortable engaging with AI-powered support, citing trust and accuracy concerns.

The RBA's rate cut brings cautious optimism as Australians boost spending on essentials like groceries and pharmacy amid economic uncertainty.

Commonwealth Bank will cut interest rates on eligible variable-rate business loans by 0.25% from 22 August 2025, following the RBA's recent rate cut.

The RBA will ban surcharges and cap interchange fees on card payments by mid-2026, boosting alternative methods like Account-to-Account payments.

The Reserve Bank of Australia keeps interest rates steady as consumers focus on value amid economic uncertainty, seeking discounts and prioritising essentials.

Agentic AI is boosting productivity and innovation across Australia, helping firms tackle skills shortages and accelerate development in multiple sectors.

Marnie Baker joins FinTech Australia board as Non-Executive Director, aiming to boost fintech growth and support regional and climate-focused innovation.

After a successful test rollout at the end of 2020, the bank is now offering voice-based biometric protection to all customers.