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Category RBA

Reserve Bank of Australia (RBA) cuts interest rates for the first time since 2020

Reserve Bank of Australia (RBA) cuts interest rates for the first time since 2020

The Reserve Bank Board of Australia (RBA) announced they had cut interest rates by 25 basis points to 4.10%.  The easing is the first since Novembe...
AMP invests $27M in Bitcoin for the first time

AMP invests $27M in Bitcoin for the first time

Australia’s largest super fund, AMP, has invested $27 million of its portfolio in Bitcoin, making it the first major fund to venture into the crypt...
Reserve Bank of Australia maintains interest rate at 4.1% while inflation remains elevated

Reserve Bank of Australia maintains interest rate at 4.1% while inflation remains elevated

The Reserve Bank of Australia (RBA) has maintained its interest rate at 4.1 percent for the third consecutive month. However, they have indicated t...
Australia’s Central Bank Wraps Up CBDC Pilot Program – Is Issuance On The Horizon?

Australia’s Central Bank Wraps Up CBDC Pilot Program – Is Issuance On The Horizon?

Australia’s central bank, the Reserve Bank of Australia (RBA), has completed its pilot program exploring the potential use cases of a central bank ...
Australia’s CBDC still ‘some years away’, RBA warns of uncertainty

Australia’s CBDC still ‘some years away’, RBA warns of uncertainty

The Reserve Bank of Australia (RBA) has stated that the possibility of introducing a central bank digital currency (CBDC) is still years away. The ...