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Reserve Bank of Australia (RBA) cuts interest rates for the first time since 2020
The Reserve Bank of Australia (RBA) announced it had cut interest rates by 25 basis points to 4.10%. This is the first easing since November 2020, when the central bank cut rates while grappling ...
Daily Mail7d
Australia's biggest bank cuts more than 100 jobs not long after announcing huge profit
Currently, Commonwealth Bank has 400 technology roles open in Australia. The bank's spokesperson said slimming down it's tech division was simply a matter of efficiency. 'Like all organisations ...
The Business Times11d
Australia central bank saw risk of holding tight for too long when cutting rates
AUSTRALIA’S central bank board cut interest rates in February mainly due to the risk of keeping policy too tight for too long ...
FXStreet10d
Reserve Bank of Australia (RBA)
The Reserve Bank of Australia (RBA) is Australia's central bank, deriving its functions and powers from the Reserve Bank Act 1959. Its primary duty is to contribute to currency stability ...
Australia Business Confidence Falls in February Despite Interest Rate Relief, Survey Says
SYDNEY (Reuters) - A measure of Australian business confidence fell back into negative territory in February despite some interest rate relief from the central bank, a survey showed on Tuesday, ...