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Research from ING has found the average Australian tourist spent $92.62 per overseas trip on transaction fees over the last 12 months. Key points Australian travellers spent $600 million on...
Central bank decisions from the RBA, BOE, and SNB will dominate the forex market this week. Traders should watch for potential volatility, particularly in USD/CHF and AUD/USD pairs. With both pairs...
The $271.7 billion in offset account balances is up 2.4% from December 2023, when the total was $265.4 billion. Key points As of March '24, Aussie borrowers had a record $271 billion in offset...
For a second consecutive year, the Federal Labor Government has revealed a $300 energy bill rebate as part of its Federal Budget. Key points All Australian households will receive $300 of energy...
Borrowers around Australia can breathe a sigh of relief today on news the central bank won’t be increasing the cash rate in May. Key points The RBA board held the cash rate steady at 4.35% at...
It's often said that there’s a whole cohort of young Australians who may never find themselves able to enter the property market.Soaring house prices have emerged as a major barrier, making it...
Wall Street fell sharply overnight on very cool Fedspeak that indicated that the US Federal Reserve is still being quite patient when it comes to rate cuts, as inflation concerns remain high. The...
The major currency pairs like the EUR/USD are expected to have a quieter week following last week’s central bank bonanza, although the USD/JPY and yen pairs are likely to be more headline-driven...
This long weekend looks set to be chocolate eggs and hot cross buns galore, as more Aussies gear up to purchase Easter treats. Key points The price of Easter treats continue to be buoyed despite food...
The Reserve Bank of Australia (RBA) board chose to keep the cash rate at a 12-year high at its March meeting. Key points The RBA board held the cash rate at 4.35% It noted it might be some time...
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