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Latest news: Money and Monetary Policy
Cashless community still needs access to notes, coins
Cash may no longer be king but those who want to use it to buy a coffee or store wealth should be able to do so, the nation's payments tsar says.
Aug 16, 2024
Building costs in the frame for ongoing housing crisis
The Reserve Bank says it is closely monitoring the housing shortage, but dismisses reports a construction union is to blame for escalating costs.
Aug 16, 2024
Has the latest IT outage quietly slowed the cash crash?
The CrowdStrike outage exposed vulnerabilities in digital payment systems and shows Australia is decades away from a completely cashless society, experts say.
Jul 26, 2024
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Cash still king as big business bails out Armaguard
Some of Australia's biggest companies have put their money where their mouth is by stepping in to save cash carrier Armaguard in a $50 million deal.
Jun 24, 2024
Cash can't crash: why physical money is here to stay
Experts say notes and coins are not about to vanish from circulation, despite more Australians choosing to go cashless at the counter and online.
Jun 16, 2024
Chalmers eyes soft landing amid budget criticism
The pressure on Australia's economy from higher interest rates justifies the decision not to deliver a "slash and burn" budget, Treasurer Jim Chalmers says.
Jun 12, 2024
Cash crunch talks as money mover Armaguard digs in
A consortium of banks, supermarkets and government departments have been permitted to begin discussing measures in case cash transporter Armaguard collapses.
Apr 02, 2024
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Armaguard seeks new talks after $26m deal rejected
Armaguard is still keen to negotiate a cash injection from some of the nation's biggest banks and retailers after rejecting a $26 million deal.
Mar 28, 2024
Armaguard rejects deal, Coles resumes cash deliveries
Lindsay Fox's Linfox will pump millions of dollars into Armaguard, after concerns about the currency delivery business prompted Coles to pause cash orders.
Mar 28, 2024
VIPs party lavishly while students sit on floor: union
Monash University spent $127,000 on a farewell party for an outgoing vice chancellor, while students are watching lectures from the floor, a union says.
Mar 05, 2024
Home lending sinks but a stronger 2024 on the horizon
New home loan activity has dipped after a promising few months but improving economic conditions should pave the way for a better 2024.
Feb 02, 2024
Back to school sales to book up billions of dollars
As students gear up to return to their classrooms, Australia’s back to school purchases are set to generate $2.5 billion for retailers.
Jan 19, 2024
Strong competition as Vic economy ranked nation's best
Economic activity, retail spending and business investment has catapulted Victoria to best performing economy in the nation but it faces stiff competition.
Oct 29, 2023
Comm Bank defends deposit fee hike for businesses
Small businesses will soon be hit with additional charges if they choose to make cash deposits at the Commonwealth Bank.
Sep 22, 2023
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Executives' pay more than double the rate of inflation
Australian executives had pay rises amounting to more than double the rate of inflation in the past year due to a tight job market at the top end of town.
Jun 13, 2023
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