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business reporter Rhiana Whitson

RARE PHOTOS: Osko fast payment crash blamed on reserve bank technical problem - The Real Truth

Reserve Bank ING RBA

A major outage of online fast inter-bank transfer system Osko has left payments in limbo, with the Reserve Bank admitting fault.

The RBA said an error occurred during a planned software change, which stopped the sending or receiving of critical files between 7:01pm AEDT Wednesday night and 12:34am Thursday morning.

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