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Latest news: Money and Monetary Policy

Has the latest IT outage quietly slowed the cash crash?

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.

Cash still king as big business bails out Armaguard

Cash still king as big business bails out Armaguard

Cash still king as big business bails out Armaguard

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.

Cash can't crash: why physical money is here to stay

Cash can't crash: why physical money is here to stay

Cash can't crash: why physical money is here to stay

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.

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Chalmers eyes soft landing amid budget criticism

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.

Cash crunch talks as money mover Armaguard digs in

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.

Armaguard seeks new talks after $26m deal rejected

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.

Armaguard rejects deal, Coles resumes cash deliveries

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.

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VIPs party lavishly while students sit on floor: union

VIPs party lavishly while students sit on floor: union

VIPs party lavishly while students sit on floor: union

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.

Home lending sinks but a stronger 2024 on the horizon

Home lending sinks but a stronger 2024 on the horizon

Home lending sinks but a stronger 2024 on the horizon

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.

Back to school sales to book up billions of dollars

Back to school sales to book up billions of dollars

Back to school sales to book up billions of dollars

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.

Strong competition as Vic economy ranked nation's best

Strong competition as Vic economy ranked nation's best

Strong competition as Vic economy ranked nation's best

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.

Comm Bank defends deposit fee hike for businesses

Comm Bank defends deposit fee hike for businesses

Comm Bank defends deposit fee hike for businesses

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.

Executives' pay more than double the rate of inflation

Executives' pay more than double the rate of inflation

Executives' pay more than double the rate of inflation

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.

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