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Bank of Australia Stories - Page 2

Australian Stories

Bank of Australia stories

Australia innovation activity hits record high in 2023-24
Digital Transformation

Australia innovation activity hits record high in 2023-24

Business innovation has stalled in the latest two years, even as a new index puts Australia at a record high in 2023-24.

By Karen Joy Bacudo • 4 min read • Last month
Australia to ban card payment surcharges from October
Fintech

Australia to ban card payment surcharges from October

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.

By Sean Mitchell • 4 min read • Last month
Tokenisation is an infrastructure decision
Fintech

Tokenisation is an infrastructure decision

Australia's wealth managers now face pressure to rebuild custody and distribution systems as tokenised assets move under the same law as other holdings.

By Dan Sleep • 5 min read • Last month
RBA may hike again as business & consumer strain grows
Inflation

RBA may hike again as business & consumer strain grows

Rising fuel and borrowing costs are squeezing Australian households and firms, bolstering expectations the Reserve Bank may lift rates again in September.

By Karen Joy Bacudo • 4 min read • Last month
Australia housing values weaken as industrial property holds
Real estate

Australia housing values weaken as industrial property holds

Rising listings and longer selling times are deepening the downturn, with vendor discounts widening as buyers retreat from Australia's housing market.

By Sofiah Nichole Salivio • 6 min read • Last month
Data centre boom lifts Australian non-residential approvals
Data centers

Data centre boom lifts Australian non-residential approvals

Data centre demand is keeping Australian builders busy and may prolong labour and materials shortages even as home approvals start to ease.

By Sean Mitchell • 4 min read • Last month
Truyu warns of telco checks in identity fraud test
Cybersecurity

Truyu warns of telco checks in identity fraud test

Criminals are using routine telecommunications checks to test stolen personal details before hitting banking and credit services, Truyu says.

By Joseph Gabriel Lagonsin • 4 min read • Fri, 28th Aug 2026
Australian spending rise bolsters case for RBA hike
Artificial Intelligence

Australian spending rise bolsters case for RBA hike

Higher household spending and stubborn inflation have strengthened the case for the Reserve Bank of Australia to lift rates again in September.

By Mark Tarre • 4 min read • Thu, 27th Aug 2026
Northern Trust & CSC expand digital assets partnership
Fintech

Northern Trust & CSC expand digital assets partnership

The tie-up could help institutional investors cut settlement friction as the pair test tokenised assets and digital cash for superannuation operations.

By Karen Joy Bacudo • 3 min read • Thu, 27th Aug 2026
RBA faces September rate hike after inflation spikes
Artificial Intelligence

RBA faces September rate hike after inflation spikes

Higher borrowing costs loom for Australian households after July's trimmed mean inflation reading came in well above the Reserve Bank's target path.

By Karen Joy Bacudo • 4 min read • Wed, 26th Aug 2026
Commonwealth Bank launches PaidIt for complex payouts
Software-as-a-Service

Commonwealth Bank launches PaidIt for complex payouts

With cheques disappearing, Australian firms face delays and unclaimed funds when payout details are missing or outdated, Commonwealth Bank said.

By Karen Joy Bacudo • 4 min read • Tue, 25th Aug 2026
Australia jobless rise does not signal labour weakening
Artificial Intelligence

Australia jobless rise does not signal labour weakening

The slight lift to 4.5% in July was mostly rounding, with labour demand still holding up enough to avoid signalling a broad slowdown.

By Karen Joy Bacudo • 4 min read • Thu, 20th Aug 2026
Macropod's AUDM lands on LMAX for institutional use
Fintech

Macropod's AUDM lands on LMAX for institutional use

Institutional clients in more than 100 countries can now trade an Australian dollar stablecoin as Macropod broadens AUDM beyond retail venues.

By Karen Joy Bacudo • 4 min read • Thu, 20th Aug 2026
One in eight Australian cafés shut as pressures mount
Small Business

One in eight Australian cafés shut as pressures mount

Higher costs and weaker consumer spending have pushed Australia's hospitality sector into its worst strain in years, with arrears at record highs.

By Mark Tarre • 4 min read • Wed, 19th Aug 2026
Australia rates rise likely this year, economist says
Westpac

Australia rates rise likely this year, economist says

Persistent inflation and weak household finances leave the Reserve Bank of Australia facing another possible rate rise before year-end.

By Mark Tarre • 4 min read • Tue, 18th Aug 2026
RBA holds rates as softer inflation eases pressure
Digital Transformation

RBA holds rates as softer inflation eases pressure

Softer core inflation has given households and businesses a reprieve, but the RBA says housing and wage pressures still threaten progress.

By Mark Tarre • 4 min read • Thu, 13th Aug 2026
CreditorWatch sees RBA raising rates again by November
Artificial Intelligence

CreditorWatch sees RBA raising rates again by November

Higher borrowing costs for households and businesses may be back by November as inflation risks remain tilted to the upside, CreditorWatch says.

By Mark Tarre • 4 min read • Wed, 12th Aug 2026

Global Stories

Bank of Australia stories

Mambu launches Intelligent Core for agentic banking AI
Software-as-a-Service

Mambu launches Intelligent Core for agentic banking AI

Banks could use the new platform to automate routine tasks and speed decisions, but only within strict guardrails and audit trails.

By Joseph Gabriel Lagonsin • 4 min read • Last month