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Australia news live: Reserve Bank to deliver year s last interest rates decision as economists tip no change


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2023-12-04 19:46:26
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General News

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Poll finds 28 of 30 economists expect central bank to keep cash rate steady at 4.35%. Follow the day’s news live

Good morning and welcome to our rolling news coverage. I’m Martin Farrer and these are some of the main stories you need to know about this morning before my colleague Emily Wind comes along.

Thousands of Westpac customers across the country were unable to access their accounts online or use their cards overnight after an outage struck the bank last night. The company says all is now well, but it will crank up concerns about the safety of online systems after last month’s Optus crash. The bank said last night that the problem occurred during a “routine technology update”.

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Australia news live: Reserve Bank to deliver year’s last interest rates decision as economists tip no change
https://www.theguardian.com/australia-news/live/2023/dec/05/australia-news-live-reserve-bank-interest-rates-michele-bullock-cost-of-living-inflation-immigration-detention-high-court-politics

Poll finds 28 of 30 economists expect central bank to keep cash rate steady at 4.35%. Follow the day’s news live

Good morning and welcome to our rolling news coverage. I’m Martin Farrer and these are some of the main stories you need to know about this morning before my colleague Emily Wind comes along.

Thousands of Westpac customers across the country were unable to access their accounts online or use their cards overnight after an outage struck the bank last night. The company says all is now well, but it will crank up concerns about the safety of online systems after last month’s Optus crash. The bank said last night that the problem occurred during a “routine technology update”.

Continue reading...

Australia news
Australian politics
Anthony Albanese
Banking
Australian economy
Interest rates
Westpac
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Data and computer security
Cop28
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Business
Commonwealth Games
Mon, 04 Dec 2023 19:38:57 GMT
https://www.theguardian.com/australia-news/live/2023/dec/05/australia-news-live-reserve-bank-interest-rates-michele-bullock-cost-of-living-inflation-immigration-detention-high-court-politics

Photograph: Daniel Munoz/Reuters


Photograph: Daniel Munoz/Reuters

Martin Farrer
2023-12-04T19:38:57Z

Source: Guardian
Source Link: https://www.theguardian.com/australia-news/live/2023/dec/05/australia-news-live-reserve-bank-interest-rates-michele-bullock-cost-of-living-inflation-immigration-detention-high-court-politics


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