The Straits Times Business News March 15, 2023 9:01 AMSYDNEY – Australia’s slowing economy and rising interest rates are likely to drive higher housing and business loan losses for banks, regulators said, while adding that lenders’ “unquestionably strong” capital requirements mean they can withstand any shock. Go to Source 15/03/2023 – 03:03 / Twitter: @hoffeldtcom
The Straits Times Business News December 14, 2022 8:27 AMSYDNEY – Reserve Bank of Australia (RBA) Governor Philip Lowe called on the nation’s lenders to intensify efforts to reduce the cost of payments and increase their speed, including for cross-border transactions. Go to Source December 14, 2022 – 3:04 am / Twitter: @hoffeldtcom
The Straits Times Business News December 14, 2022 8:21 AMSYDNEY – Australia is set to make sweeping changes to financial services laws that will tighten safety nets on the cryptocurrency market and pave the way for possible competition in the clearing of equity trades. Go to Source December 14, 2022 – 3:04 am / Twitter: […]Continue reading
The Straits Times Business News December 13, 2022 11:29 AMSYDNEY – The Australian central bank’s cheap lending facility introduced in 2020 as part of its Covid-19 policy response failed to boost borrowing by businesses, particularly smaller companies, a Reserve Bank of Australia (RBA) research paper found. Go to Source December 13, 2022 – 6:05 am […]Continue reading
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