RBA stories
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.
Australia's net zero goal faces fresh strain as billions flow into data centres that could lift power demand, water use and emissions.
Unemployment held above the Reserve Bank of Australia's forecast in May, keeping interest rate markets guessing despite a 40,300 jobs rebound.
Higher housing and wage pressures are keeping Australian inflation too hot for the Reserve Bank to rule out another rate rise as soon as November.
Weak lending to software and other asset-light firms is, Colter Bay says, dragging on productivity as Australia's credit flows into property.
Australian businesses face tighter cash flow as overdue invoices jump to a six-year high, reinforcing expectations the RBA will hold rates at 4.35%.
Higher borrowing and living costs have pushed household sentiment close to the survey's weakest level in 50 years.
Digital wallets are gaining ground in Australia, but cash is still expected to account for 9% of point-of-sale value by 2030.
