Afterpay Does More Good Than Harm, RBA Says
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December 7, 2020
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The Reserve Bank has indicated Buy Now, Pay Later (BNPL) schemes such as Afterpay will be able to continue to insist merchants... Read More
Harvey Norman CEO Warns RBA Jumped The Gun With Historic Rate Cuts
Harvey Norman CEO Gerry Harvey has labelled the Reserve Bank Of Australia’s rate cuts as “overkill” and says the lender should have... Read More
BREAKING NEWS: OZ Dollar Crashes As RBA Delivers $90 Billion To Prop Up Businesses
The Reserve Bank has cut the official cash rate to 0.25 per cent from 0.5 per cent with banks set to have... Read More
Coronavirus: RBA Slashes Interest Rates To Record Low Of 0.5%
For the fourth time in a year, the Reserve Bank has slashed interest rates to a record low of 0.5 per cent... Read More
CBA & ANZ Urge RBA To Regulate Afterpay
ANZ Bank and Commonwealth Bank are throwing their support behind the Reserve Bank, saying regulatory action should be taken to enable retailers... Read More
JB Hi-Fi Shrugs Off Coronavirus Concerns After Hike In Shares
Electronics retailer JB Hi-Fi has dismissed fears about the impact on stock and supply from the Coronavirus outbreak and is defying forecasts... Read More
RBA Risks ‘Stifling Innovation,’ Says Afterpay Boss
The boss of ASX darling Afterpay has shot the Reserve Bank of Australia (RBA) a warning that it risks ‘stifling innovation’ by... Read More
RBA Warns Of Buy Now, Pay Later Platform Risks
The buy now, pay later financial services have soared in popularity throughout recent years. But according to an internal Reserve Bank memo,... Read More
RBA Defends Proposed Cash Ban
A controversial bill to ban cash payments of $10,000 and impose a two-year jail sentence if violated is being widely scrutinised. The... Read More
Holiday Period Boosts Employment
Unemployment rates in Australia have dropped as the Christmas holiday period adds 40,000 jobs to the market. Data revealed by the Australian... Read More
