It is more likely than not that the RBA has reached the peak of its rate hiking cycle. Yet the Board has no tolerance for further delays in inflation returning to target and for that reason its next meeting in February is still a ‘live’ one.
Hotel Etico in the Blue Mountains is Australia’s first social enterprise hotel. It employs people who face barriers to employment and trains them in hospitality with a live-in program that also helps them develop valuable life skills.
AI will revolutionise banking in the years ahead, says Westpac’s CTO David Walker at the bank's TECHx23 conference; driving major efficiency gains and allowing for more personalised customer experiences.
For dairy farmer Robert Brokenshire, the use of technology is more than just an opportunity to boost productivity – it represents a commitment to adopting energy-efficient practices to ensure the sustainability of his farm, and of the planet.
Australian banks will collaborate across six initiatives as part of an Accord aimed at bolstering the industry’s defences against scams. Measures include a major investment in a new sector-wide confirmation-of-payee system.
The government’s fourth Annual Cyber Threat report warns that malicious cyber activity continues to increase in sophistication, frequency, cost and severity compared to the previous year’s findings.
Consumer sentiment has plunged yet again, heavily influenced by the RBA's November rate hike. With Christmas around the corner, it's shaping up as another austere festive season as far as consumers go.
China’s move in 2020 to impose punitive tariffs on Australian wine imports was a big blow to the industry. But a business pivot a few years earlier had given veteran winemaker Chris Grigoriou an alternative income stream, helping him to overcome the setback.
The RBA lifted the cash rate at its November meeting on signs that inflation is not cooling as quickly as they’d hoped. Future decisions will depend on how the economic data plays out, but barring any surprises the Board may be content to stay on hold from here.
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