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| | | The Reserve Bank of Australia (RBA) is seeking industry feedback on a central bank digital currency (CBDC) research initiative, Project Acacia. The project will explore how different forms of digital money and associated infrastructure could support ... |
| | | | Mathew Keeley, the co-founder of GROW Inc., is stepping down as chief executive of the budding administrator. Keeley informed staff of his decision this week, appointing executive chair Rob Johnston as acting chief executive. Brad Cooper has been named ... |
| | | | The controversial $370 billion pact between the US, Australia, and the UK, or 'AUKUS', is being sold as a boon for the economy and nation-building exercise that will amplify defence capabilities and strengthen regional security. But is it all ... |
| | | | Franklin Templeton has added Cooper Investors' head of intermediary distribution Rebecca Morgan to its sales team. Felicity Walsh, managing director of Franklin Templeton Australia and NZ, confirmed that Morgan has joined the global asset manager ... |
| | | | The unemployment rate held steady at 4.1% in September, in line with the revised figure for August, according to seasonally adjusted data released by the Australian Bureau of Statistics (ABS). "With employment rising by around 64,000 people and the ... |
| | | | The monthly Consumer Price Index (CPI) indicator rose 2.7% in the 12 months to August 2024 - down from 3.5% in July, according to the latest data from the Australian Bureau of Statistics (ABS). Falls in fuel (-7.6%) and electricity (-17.9%) were significant ... |
| | | | Vanguard will pay a $12.9 million fine after being found guilty of greenwashing earlier this year. It marks the largest penalty ever imposed by the Federal Court for such conduct. In March, the Federal Court found Vanguard misled investors via claims ... |
| | | | ASIC and the Reserve Bank of Australia (RBA) have been given new powers under new financial market infrastructure laws to enhance their licensing, supervisory, and enforcement abilities. The Treasury Laws Amendment (Financial Market Infrastructure and ... |
| | | | The Federal Reserve elected to cut interest rates by 50 basis points overnight, its first reduction in four years. The US central bank decided to lower the target range for the federal funds rate by half a percentage point to 4.75-5%, surprising many ... |
| | | | The Reserve Bank of Australia (RBA) and Treasury today released a report on central bank digital currency (CBDC), citing a three-year project is now underway for wholesale CBDC. In a thorough report, Central Bank Digital Currency and the Future of Digital ... |
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