Bank of Australia stories
SMSF trustees hunting income are being offered higher target returns as TermPlus taps stronger demand for fixed-term private credit accounts.
Australia's financial regulator sees artificial intelligence and easier rules helping startups turn a strong funding base into faster growth.
Cash-flow strain is deepening as overdue invoices and tax debts rise, with smaller firms hardest hit by higher rates and costs.
Settlement could become faster and cheaper for wholesale markets, but regulators say tokenised finance still needs new rules and infrastructure.
The appointment underscores the lender's push to scale responsible AI as banks race to recruit academic talent and manage security and governance risks.
Relief for the Reserve Bank comes as the federal budget avoids fresh cost-of-living handouts, while tightening tax breaks for higher earners.
Rising fuel and energy bills are squeezing margins and leaving Australian firms facing weaker trading conditions ahead.
Higher fuel and borrowing costs are starting to squeeze builders, with insolvencies likely to rise if Strait of Hormuz disruptions persist.
Momentum stayed firm for Australian small businesses in the March quarter, as sales, jobs and wages all rose despite higher fuel costs.
Fuel costs have pushed headline prices higher again, leaving the Reserve Bank of Australia under pressure to raise interest rates despite softer underlying inflation.
The bank’s defences may move faster as the system is meant to spot new scam patterns and turn them into blocking rules more quickly.
Geopolitical turmoil has pushed Australian firms to lock in currency cover, with exporters hedging 86 per cent of exposure and importers 80 per cent.
Australian platforms facing tougher age-check rules can now verify users through bank data, without collecting passports or licences.
A tougher fee regime is pushing the payments firm to offer SMEs more services, from POS and broadband to bookkeeping, beyond EFTPOS.
Households and firms are facing renewed cost-of-living pressure, with petrol prices driving sentiment to levels last seen during the GFC and pandemic.
Email fraud is still slipping through Australian firms as front-line staff prove better than managers at spotting scams, a CommBank survey found.
The move signals a deeper push into Australia and New Zealand as Anthropic courts enterprise and government customers from a Sydney base.
OpenClaw users will be able to let AI agents pay with existing cards as Mastercard's controls add limits, authentication and audit trails.
British small businesses may cut card processing costs as Zeller enters a crowded market with more than 100 early UK sign-ups.
Australian accommodation operators may soon face higher payment costs as a card surcharge ban pushes them towards bank-to-bank alternatives.