Economy

The Reserve Bank has made its first cash rate decision for the new decade.

The Reserve Bank of Australia has announced its first rate decision for the year 2020.

Neobank 86 400 has launched three new savings accounts, each earning a maximum interest rate of 2.25 per cent for balances up to a combined $300,000.

Borrowers involved in past civil court proceedings will see their credit score improve as of 14 February, due to changes made to the Credit Reporting Code.

The housing market’s sensitivity to the RBA’s easing strategy could trigger a new wave of lending restrictions from APRA, with more interest rate cuts on the way, according to ING Economics

The prudential regulator has listed its policy and supervisory priorities for the coming months, which includes an “increased focus” on “resolution and recovery planning” to maintain ...

Swedish buy now, pay later provider Klarna has officially launched in Australia, with major bank Commonwealth Bank of Australia rolling the app out to its customers and tripling its ...

The coronavirus could drag Australian GDP growth close to zero for this quarter, and the situation could get worse before it gets better, according to BetaShares.

A February cut to the cash rate is “materially” less probable, with the latest inflation data building on positivity from stronger than expected labour market figures, according to ANZ ...

An industry group has issued a warning regarding scammers requesting sensitive information from bushfire-affected banking customers.