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98 results tagged "news":
Facebook CEO Mark Zuckerberg testifies before the House Financial Services Committee

Reserve Bank rejects Facebook cryptocurrency Libra

The Reserve Bank of Australia will not allow tech giant Facebook to launch its cryptocurrency Libra in Australia until all risks and regulatory requirements have been mitigated. And even if these regulatory requirements were met there wouldn't be ... More
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What The Block result means for the property market

The champagne flowed freely on The Block finale on Sunday night. Winners Tess and Luke watched the hammer fall a whopping $630,000 over reserve. Even last-place finishers Mitch and Mark enjoyed a windfall of $384,000. While hysteria surrounding the ... More
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what an rba rate cut would mean for you reserve bank

RBA holds cash rate at 0.75% at November meeting

Considering the RBA is running out of conventional monetary policy ammunition, the decision to hold the cash rate at the historic low of 0.75% was widely anticipated. The decision to keep rates on hold was supported by the latest labour market and inflation ... More
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asx australian sharemarket sectors election

Market wrap: Latitude Financial's $3.2bn IPO failure

After being snubbed by overseas institutional investors, Latitude Financials second attempt to list on the Australian Securities Exchange has failed. While local investors were strongly in support of its initial public offering (IPO), you have to ask ... More
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books royal commission

Five must-read books on the banking royal commission

If you have a bank account, insurance policy, and financial planner or belong to a superannuation fund, you want to avoid the wrong ones. One way is to understand the DNA of the companies behind these financial services. But up until last year, journalists ... More
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