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RARE PHOTOS: 12 | Rare Historical Photos

Card payment surcharges should be banned for debit and credit payments, RBA says

Surcharges on Eftpos, Mastercard and Visa card payments would be eliminated from July 2026 under proposal from Reserve Bank

The Guardian - AU

Consumer win in card surcharge cut as business bristles

Scrapping surcharges could save Australians about $1.2 billion, but small businesses think they will have to foot the bill.

AAP

The RBA’s decision to hold rates isn’t a calamity, but its shift in language is confounding – and worrying

One minute we are told inflation is in the bag, seven weeks later we are worried that it’s not. This change in tone erodes trust

The Guardian - AU

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Slow rate of cuts puts squeeze on business, households

Businesses and mortgage-holders banking on a cut to interest rates will have to wait more than a month before the next opportunity for financial stimulus.

AAP

Afternoon Update: RBA’s surprise decision; how world reported mushroom verdict; and Valerie the dachshund’s new job

The decision came as a shock to financial markets and a large majority of experts who were sure the RBA board would cut interest rates for a second straight meeting

The Guardian - AU

RBA interest rates: Reserve Bank of Australia leaves cash rate on hold at 3.85%

Decision will come as shock to financial markets and large majority of experts who were sure RBA board would cut for a second straight meeting

The Guardian - AU

Zachary Rolfe accuses NT coroner of going ‘far beyond her remit’ in Kumanjayi Walker inquest – as it happened

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The Guardian - AU

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Rates hold call cuts deep but bank governor offers hope

The central bank has defied expectations of an interest rate cut as it keeps its sights on inflation and jobs figures, but relief might not be far away.

AAP

Morning Mail: alarm over pokies influencers; toxic algal bloom reaches Adelaide; Oscar Piastri cops penalty at British GP

Calls for a clampdown on influencers allegedly glamorising poker machines on social media

The Guardian - AU

'Get on with it': next move key with rate cut baked in

With markets all but assured the Reserve Bank board will cut interest rates at its upcoming meeting, the bigger question for traders is what they say next.

AAP

Household wealth hit as Trump threatens super balances

Australian super balances have fallen for the first quarter since 2022, with funds warning of further risks posed by Donald Trump's "America first" agenda.

AAP

Falling inflation rate boosts chances of RBA interest rate cut and relief for mortgage holders

Sharp drop to 2.1% in 12 months to May shows ‘continued pattern of deflation’, KPMG economist says

The Guardian - AU

Middle East crisis risks igniting inflation. Here are the markets to watch out for in Australia

Interest rate cuts still likely, experts say, but oil and gold prices are up and the share market is likely to remain volatile

The Guardian - AU

Wong signals plans to get Australians out of Iran and Israel – as it happened

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The Guardian - AU

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AAP

Homebuyers stand to win as big bank ups rate-cut bet

Westpac's chief economist has added two more rate cuts to her forecast for 2026 with lower immigration expected to drive down rents and inflation.

The Guardian - AU

The good news? Household living standards are on the rise. The bad news? Just about everything else

Australia’s weak economic growth is not surprising when you factor in what’s going on with households, private investment, trade and government spending

The Guardian - AU

RBA ready to use rapid-fire rate cuts if Trump policies rattle Australia’s economy, minutes reveal

Reserve Bank vetoed a 50 basis point cut in cash rate last month, but is willing to take such action if global economy demands it

AAP

Weak business investment underlines productivity battle

Encouraging productivity-boosting investment, such as infrastructure connecting regions with capital cities, is needed amid a slowdown in capital expenditure.

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AAP

Australian shares retreat as inflation comes in hot

The ASX has handed back its early gains with interest, after an overnight Wall Street rally wasn't enough to outweigh losses in materials and financials stocks.

AAP

Egg, housing costs might fry hopes of earlier rate cut

Headline inflation has held steady but came in hotter than economists expected in the year to April. Whether it's a blip or something else remains to be seen.

AAP

Rate cut hammers in immediate spike in home auctions

Home buyers regained confidence after the Reserve Bank cut interest rates for the second time in 2025, but sellers might still need to lower their expectations.

AAP

Price moves to help RBA plot course through uncertainty

Australia's central bank will seek signs of stability as it tries to chart a course to lower interest rates through the murky waters of global uncertainty.

AAP

Australian firms 'upbeat' China can navigate trade war

Australian firms are bullish about their opportunities in China despite global trade ructions casting doubt over economic growth, the Reserve Bank deputy says.

AAP

Restaurants on the brink as business failures plateau

Hospitality venues are feeling the pinch from high business costs and low spending, but lower interest rates should help ease the pain

The Guardian - AU

You would think after nearly three years of being wrong, the RBA might start to question its economics. But no

Now that inflation is back within the target range, suddenly the RBA has rediscovered that it is supposed to also care about full employment

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