Monetary policy not affecting housing supply, says RBA Economy & Industry RBA assistant governor Sarah Hunter said demand and building costs ultimately dictate the supply of new housing.
Premium Case studies APS culture needs a serious shake-up to deliver Albo’s lean, green, electric dream May 20, 2024 By Julian Bajkowski Australian Capital Territory The bureaucracy will need to have a lot more technical people working directly for it if it wants to make the ‘renewables superpower’ dream happen.
Rents continue to increase faster than mortgages in latest inflation data April 29, 2024 By Dan Holmes Economy & Industry Quarterly inflation statistics show the consumer price index (CPI) rose by 1% this quarter and 3.6% over the past year.
If it feels like you’re paying more tax, well, you are April 24, 2024 By Julian Bajkowski Economy & Industry The latest numbers released by the Australian Bureau of Statistics reveal Australia’s overall taxation take has continued its post-pandemic recovery.
Premium Case studies From real-time to go-slow: Britain’s great payments misadventure brakes hard April 16, 2024 By Julian Bajkowski Economy & Industry The road to hell is paved with good intentions. Then there’s Authorised Push Payments, which will soon see UK transactions take a week to clear.
Premium Columnists Proposed bill risks over-egging the Reserve Bank omelette March 1, 2024 By Verona Burgess Economy & Industry As a senate showdown looms, it’s likely the government’s desire to abolish its power to override RBA board decisions will bite the dust.
Cash now officially a burning platform for Australia Post, ACCC and RBA February 20, 2024 By Julian Bajkowski Economy & Industry Cost shifting aside, what are banks doing about digital exclusion? Not everyone has access to hip apps for real time cash transfers.
Leigh unleashes data hounds on corporate thugs January 30, 2024 By Julian Bajkowski Economy & Industry Spreadsheets that oligopolists and cheating gougers are forced to reveal show mergers are heavily concentrated in the top 1% of corporates.
Premium Case studies Reserve Bank bites the infrastructure bullet after second big outage January 19, 2024 By Julian Bajkowski Communications & Technology They say if it ain’t broke, don’t fix it. Oh damn, it’s broken. So Australia’s central bank will finally let its techies out of the basement.
Bullock blasts banks over expensive, outage riddled NPP services December 13, 2023 By Julian Bajkowski Economy & Industry With the problem-plagued real-time NPP system having issues processing payrolls, the RBA defends consumer right to choose and use cash.
Chalmers reveals dates for bans on government and bank cheques December 12, 2023 By Julian Bajkowski Community & Social It’s crunch time for the humble bank cheque, as revenue agencies face their biggest infrastructure upheaval in 20 years.
APS veteran Rob Heferen named ATO commissioner December 7, 2023 By Poppy Johnston Careers The Australian Institute of Health and Welfare boss will take the reins at the Australian Taxation Office in early 2024.
Premium Insights and analysis Banks’ Scam-Safe Accord still a liability-free zone November 27, 2023 By Julian Bajkowski Communications & Technology Institutions try to dazzle regulators with $100 million security jazz hands as imported UK model comes without fraud indemnity airbags.
Commonwealth Bank leapfrogs delayed government digital identity launch with ConnectID October 13, 2023 By Julian Bajkowski Communications & Technology Banks are ready to clip the ticket — big time — on new mandated identity services, and milk the verification revenue stream.
Premium Insights and analysis Climate change risks are knocking on the door of future economic trends and central banks are taking notice September 6, 2023 By Melissa Coade Economy & Industry Pending RBA governor Michele Bullock outlines her views on the way climate change will affect her future role and the work of the bank.
