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Economy
The Reserve Bank of Australia has made known the official cash rate for May following its monthly board meeting, amid much speculation.
The Reserve Bank of Australia has announced the official cash rate for May, setting a new record.
The Reserve Bank of Australia has made known the official cash rate for May following its monthly board meeting, amid much speculation.
A former employee of two major banks reveals why he believes the big four and AMP have found themselves in the witness box of a national inquiry.
The federal government has reached an agreement with the Northern Territory government that is set to boost funding for remote housing by $550 million.
The chairman of a non-major lender has stepped down from the board just one week after the bank lost its CEO following the release of evidence regarding misconduct within the group.
Counsel assisting the royal commission has advised that criminal prosecution against AMP be initiated following evidence of misconduct.
Three separate law firms are seeking to bring class action suits against AMP on behalf of its shareholders following revelations from the royal commission.
Borrowers approaching the expiry of their interest-only home loans period could be required to fork out an additional $7,000 a year, according to the Reserve Bank.