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Charities urge politicians to make BNPL and wage advance products safer
Over 100 organisations have signed an open letter calling on the next Parliament to make buy now pay later (BNPL) and wage advance...
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March building approvals experience a material slowdown
Australian building approvals fell 18.5 per cent in March after rising a 42 per cent rise in February, according to the Australian...
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Peppermint’s new licence sweetens its opportunities in the Philippines
ASX-listed fintech Peppermint Innovation has opened more doors in the Philippines after securing a license to operate as an...
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Retail turnover at new highs in March
Rising prices and the easing of restrictions helped boost Australian retail turnover by 1.6 per cent in March and reach a new...
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RBA lifts rates by 25bps to combat rising inflation
The Reserve Bank of Australia yesterday lifted interest rates for the first time since November 2010, but only by 25 basis points...
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Why today’s RBA decision is complicated
While economists are generally pricing in a rate hike at today’s Reserve Bank of Australia board meeting, HSBC chief economist Paul...
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NAB enters an enforceable undertaking to improve its AML/CTF compliance
NAB has entered into an enforceable undertaking (EU) with AUSTRAC to improve its compliance with Australia’s anti-money laundering...
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CPI jump exceeds expectations
The Consumer Price Index (CPI) jumped 2.1 per cent in the March 2022 quarter and 5.1 per cent annually, prompting some economists...
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Fitch: Big Four’s earnings challenges to ease in 2022
The earnings headwinds faced by Australia’s Big Four banks are likely to subside in 2022, according to a new report from Fitch...
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