RBA Credit Card Fee Crack Down

Published on March 16, 2010 by Technology Slice

RBA Credit Card Fee Crack Down – The Reserve Bank says it is a “reluctant regulator” of credit cards while leaving the door open to force providers to reduce interchange fees. In a speech on Monday RBA Assistant Governor Malcolm Edey said he was not in a position to predict what the RBA board’s next [...]

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Housing Supply Not Enough

Published on March 10, 2010 by Technology Slice

Housing Supply Not Enough – Melbourne is facing an low supply of housing that isn’t currently meeting the demands of a growing population. Melbourne is likely to give a higher share of its GDP to housing than before, or risk a further increase in housing prices and rents to balance supply and demand. Unlike most [...]

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China to Boost Australia

Published on February 19, 2010 by Technology Slice

China to Boost Australia – ECONOMIC growth in China and other Asian nations over the coming decades is expected to underpin the prospects for Australia’s economy, the central bank says. Reserve Bank assistant governor of economics Philip Lowe says Australia is in a stronger position than any other advanced economy after emerging from the global [...]

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