A cash advocate has torn into comments from the Reserve Bank of Australia’s Governor Michele Bullock, who predicted Aussies would not be using cash in about 10 years.
AUD/USD and NZD/USD remain in a strong uptrend, while USD/JPY continues in a strong downtrend as the US dollar remains weak.
That left the Aussie down 0.1% at $0.6339, having backed off a $0.6392 top overnight and away from the 100-day moving average at $0.6404. Support lies at $0.6326, with more resistance at $0.6415. The ...
The boss of Australia’s largest bank, Commonwealth Bank, has assured millions of Aussies that it has no plans to ditch cash.
Cash Welcome founder Jason Bryce said there was little evidence Aussies were using less cash. “If Michelle Bullock thinks ...
SYDNEY--Australian consumer confidence jumped to its highest level since May 2022 last week following the Reserve Bank of Australia's decision to start cutting interest rates in response to weak ...
Equities researchers at Raymond James issued their Q2 2025 earnings estimates for shares of RB Global in a research note issued to investors on Wednesday, February 19th. Raymond James analyst S.
Equities researchers at Raymond James issued their Q1 2025 EPS estimates for RB Global in a research report issued on Wednesday, February 19th. Raymond James analyst S. Hansen forecasts that the ...
Michele Bullock has admitted the Reserve Bank was too slow to raise interest rates when inflation started rising, while ...
The RBA's rate cut, along with a tightening of vacancy rates, should see Australia’s major cities avoid further property ...